We are pleased to announce that Argus Partners advised India Resurgence Fund (“IndiaRF”) on the proposed sale of its entire stake in Setco Auto Systems Private Limited (“SASPL”), a subsidiary of Setco Automotive Limited to RSB Transmissions (I) Limited, a Pune-based transmission manufacturer.

The team at Argus Partners advising IndiaRF consisted of Adity ChaudhuryAastha and Arka Majumdar (Partners), Dharma Teja PaladaAnika Sharma and Dharani Maddula (Associates) and Umang Pathak (Senior Associate).