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Issuance of compulsorily convertible preference shares in Global Health Private Limited

Issuance of compulsorily convertible preference shares in Global Health Private Limited

Amarchand & Mangaldas & Suresh A. Shroff Co., represented Global Health Private Limited and, Dr. Naresh Trehan, the promoter. The transaction pertains to issuance of compulsorily convertible preference shares in GHPL to Anant Investments, a Mauritius based entity of the Carlyle Group (Investor). The Investor also purchased equity shares of GHPL from exiting private equity fund, GL Asia Mauritius II Limited, an entity of the New York based Avenue Capital Group LLc.

After the completion of the above transactions the shareholding of the Investor, on a fully diluted basis shall stand at a maximum of 27.5%.

AMSS Team comprised of Mrinal Kumar, Partner, Avnish Sharma, Principal Associate and Darshika Singh, Associate. Deal Value was of INR 10,00,00,00,000.

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