Kochhar & Co. advised Oracle Global Limited for offer for sale of 4.4 million equity shares of Oracle Financial Services Software Ltd. (India) at a price of INR 2,275 per share. The team comprised of Partner Harminder (Harry) Chawla and Akshit Kapoor.

The brokers Morgan Stanley India Company Private Limited and Deutsche Equities India Private Limited were advised by Indian legal counsel Yash Asher Partner whose team comprised of Kranti Mohan and Anhimanyu Bhattacharya from Amarchand Mumbai and Foreign legal counsel Rajiv Gupta, Partner and Scott Calver from Latham Watkins.

Oracle Global Limited reduced its stake in Oracle Financial Services Software Ltd. to 75 percent and achieved the requisite public shareholding of 25 percent as required by the Indian market regulators. The deal size for the offer for sale through stock exchanges was approximately INR 1 billion.