Department profile

Corporate/M&A: The Elite

Asia-Pacific Guide 2026 : India

AZB & Partners

Rankings

Ranked Individuals

Chambers Review

Provided by Chambers

Corporate/M&A: The Elite - India

Band 1

What the Team is Known For

AZB & Partners is a widely admired law firm in India with an excellent market reputation, frequently active on the most high profile transactions. The firm has notable strength advising leading buyers, sellers and investors acting in areas such as real estate, financial services, TMT and energy. The group handles a broad range of corporate issues including high-profile M&A, joint ventures and outbound investments. The department also has a proven track record in distressed M&A and a strong record of assisting with the formation and restructuring of companies, exchange control regulations, contract law and Takeover Code issues. AZB & Partners is especially present in New Delhi and Mumbai.

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Work Highlights

Provided by Chambers

AZB represented 3M Company on the Indian leg of the global spin-off of its healthcare business, to be held by Solventum, a newly formed US-listed company.

Strengths

Provided by Chambers

AZB recently advised us on an extremely nuanced and complex transaction. Their approach to matters was thoughtful and holistic and they were very tactful in negotiations.
Corporate/M&A: The Elite respondentAsia-Pacific
They have a huge knowledge of market practice and are very pragmatic and efficient.
Corporate/M&A: The Elite respondentAsia-Pacific
The ability to understand the requirements in one go, give M&A advice on structuring transactions, draft definitive agreements and collaborate across boundaries.
Corporate/M&A: The Elite respondentAsia-Pacific

Notable Practitioners

Provided by Chambers

Eminent Practitioners
Eminent Practitioners
Ajay Bahl
Ajay Bahl is a co-founder and managing partner of AZB & Partners, based in New Delhi. He has vast experience advising on complex M&A and is also able to provide assistance with tax structuring.
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Eminent Practitioners
Eminent Practitioners
Zia Mody
Zia Mody continues to stand out as one of India's pre-eminent lawyers. Based in Mumbai, she leads her team on high-end acquisitions, joint ventures, investments and delistings for multinational corporations and major Indian corporates.
Zia is accessible to discuss complex matters.
Corporate/M&A: The Elite respondentAsia-Pacific
Zia's commercial awareness and vision are impeccable.
Corporate/M&A: The Elite respondentAsia-Pacific
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Band 1
Band 1
Anil Kasturi
Anil Kasturi has a strong reputation in the New Delhi market and includes leading private equity firms and domestic corporates among his clients. He is well known for being an advisor to leading Indian conglomerates.
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Band 1
Band 1
Ashwath Rau
Ashwath Rau oversees a large body of work that covers M&A and investments from his Mumbai base. He is a well-known figure in the market, regularly acting on high profile transactions in the technology, banking and cement sectors.
Ashwath is an excellent corporate lawyer with his finger on the pulse of the corporate/M&A market.
Corporate/M&A: The Elite respondentAsia-Pacific
He combines a technical understanding of legal implications and a significant level of commercial acumen, which allows him to anticipate and pre-emptively address potential issues and challenges.
Corporate/M&A: The Elite respondentAsia-Pacific
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Band 2
Band 2
Darshika Kothari
Darshika Kothari has a robust reputation in the Mumbai corporate legal market. She routinely handles large-scale joint ventures, acquisitions and demergers involving listed companies.
Darshika is highly result-oriented and provides very effective advice.
Corporate/M&A: The Elite respondentAsia-Pacific
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Band 2
Band 2
Srinath Dasari
Srinath Dasari is commended for his experience in M&A. Based in AZB's Bengaluru office, his clients include corporates and private equity houses.
Srinath’s a great guy. He’s very responsive and practical in his approach.
Corporate/M&A: The Elite respondentAsia-Pacific
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Band 3
Band 3
Nandish Vyas
Nandish Vyas is an experienced corporate lawyer in Mumbai with considerable experience in corporate acquisitions and private equity investments.
Nandish has a unique ability to bring very sophisticated legal views, tact in dealing with clients and calmness during intense negotiations. Working with him is a client's delight.
Corporate/M&A: The Elite respondentAsia-Pacific
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Band 4
Band 4
Nilanjana Singh
Nilanjana Singh has experience in both the corporate and private equity sectors and is well-versed in handling big-ticket M&A involving multinational companies. She is based in AZB's Mumbai office and is well-regarded in the market.
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Band 4
Band 4
Roxanne Anderson
Roxanne Anderson in Mumbai is recognised for her work in the M&A field, including large-scale mergers in the banking sector.
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