Khaitan & Co. acted as legal counsel to Citigroup Global Markets India Pvt. Ltd. in relation to block trade of equity shares of Kalyan Jewellers India

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Citigroup Global Markets India Private Limited | Block trade of equity shares of Kalyan Jewellers India Limited by Highdell Investment Ltd (a member of the Warburg Pincus group)


Khaitan & Co acted as the legal counsel to Citigroup Global Markets India Private Limited (the Broker) as to Indian law in relation to the block trade of 26,208,636 equity shares of Kalyan Jewellers India Limited aggregating to approximately INR 2,880 million by Highdell Investment Ltd (a member of the Warburg Pincus group), on the floor of the stock exchanges.

Citigroup Global Markets India Private Limited provides global corporate and investment banking services to corporate clients, governments, and financial institutions. The company’s services include treasury management, transaction services, securities custodianship, foreign exchange, fixed income and equities sales and trading, and corporate finance. The deal team consisted of Aditya Cheriyan (Partner), Chirayu Chandani (Partner) and Vijayaraghavan (Principal Associate).


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