S&R Associates represented Tata Communications Limited, a listed telecommunications company, in the INR 4.58 billion sale of an identified digital services business to its wholly-owned subsidiary Novamesh Limited, an information technology-enabled and related services provider.

The S&R team was led by partners Rajat Sethi and Dhruv Nath and counsel Prateek Sharma, and included associates Varun Yadav, Chirali Jain, Anoushka Borker, Pulatsya Pandey and Shashankaa Tewari on corporate matters.

For reference, please see the stock exchange announcements below in relation to the transaction:

https://www.bseindia.com/xml-data/corpfiling/AttachHis/7597e391-d382-40bf-802b-b1396fba04c9.pdf

https://www.bseindia.com/xml-data/corpfiling/AttachHis/1a098d36-313a-4f85-b7be-4f2f5776f7fa.pdf