Life Healthcare International Proprietary Limited has agreed to increase its equity stake in MHIL from 26% to 46.41%, by a combination of fresh issue of shares by MHIL, and purchase of shares from Max India. The Firm advised Max India on the entire transaction. Total Consideration shall be for Approx. INR 7.6 billion (approx. USD 127 million). Partner involved were Anil Kasturi, Samir Gandhi with Associate Niladri Maulik.