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AZB & Partners advises Citigroup Global Markets India Private Limited

AZB & Partners advises Citigroup Global Markets India Private Limited

AZB & Partners advised Citigroup Global Markets India Private Limited in relation to the fairness opinion to be presented by Citigroup Global Markets India Private Limited to the board of directors of JSW Ispat Steel Limited pursuant to clause 24(h) of the Listing Agreement. Amalgamation of JSW Ispat Steel Limited with JSW Steel Limited as per the Scheme under sections 391-394 of the Companies Act, 1956. The Scheme also provides for the related reorganization of certain businesses of JSW Ispat Steel Limited and JSW Steel Limited. Citigroup Global Markets India Private Limited was the fairness opinion expert appointed by JSW Ispat Steel Limited to comment on the fairness (to the shareholders of JSW Ispat Steel Limited) of the swap ratio contained in the Scheme. The team comprised of Abhijit Joshi & Nandish Vyas.

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