The Firm advised MacRitichie/ Temasek and assisted in negotiating and drafting the transaction documents. The Firm also provided advice on securities laws in respect of the transaction. MacRitchie, a wholly owned subsidiary of Temasek Holdings (Private) Limited agreed to sell 3.62% of the share capital of BTL to Singtel International Investments Private Limited, a wholly owned subsidiary of Singapore Telecommunications Limited. Total consideration was for Approximately USD 302 million (Approximately INR 18.60 billion). Concerned Partner was Essaji Vahanvati