Dhir & Dhir Associates advised Bharat Electronics Limited, a Navratna Company, on its INR 21.71 Billion (approx.) buyback of 6.93% (approx.) its equity shares. The Buyback Offer opened on October 6, 2016 and closed on October 21, 2016.The team advised Bharat Electronics Limited and the manager to the Buyback viz. IDBI Capital Markets & Securities Limited on various transaction related issues from time to time. The assignment also included drafting of public announcement, various communications with the stock exchanges and the regulator. Girish Rawat, Partner led the Firm’s banking, finance and capital market team on the above transaction assisted by Surbhi Narang, Associate.