Dhir & Dhir Associates advised NMDC Limited, a Navratna Public Sector Enterprise, on its INR 75.27 billion (approx.) buyback of 20% (approx.) its equity shares. The Buyback Offer opened on September 19, 2016 and closed on September 30, 2016. Girish Rawat, Partner led the Firm’s banking, finance and capital market team on the buyback offer. The other team member included SurbhiNarang, Associate. They advised NMDC Limited and the manager to the Buyback viz. IDBI Capital Markets & Securities Limited on various transaction related issues. The firm offers regular legal advice and also assisted in drafting public announcement, documentations, various communications with the stock exchanges and regulators.