AZB & Partners advised KPIT Cummins Infosystems Ltd on the acquisition of shares by Van Dyck, CX Partners and AAJV Investment Trust including documentation and negotiations. The transaction involves an acquisition of (i) approximately 4% of the Target’s share capital to Van Dyck (an affiliate of Chrys Capital) for approximately INR 972 million; (ii) approximately 2.64% of the Target’s share capital to CX Partners for approximately INR 635 million; and (iii) approximately 0.5% of the Target’s share capital to AAJV Investment Trust for approximately INR 12 million. The total consideration for the deal was approximately INR 1.6 billion (approximately USD 30.5 million). The concerned Partner and Associate were Shuva Mandal & Archana Rajaram.