Prakshit Baid
Senior Associate
Professional Affiliations
Bar Council of Maharashtra and Goa
Education
B.B.A., LL.B. (Hons.), NMIMS University, Mumbai
Languages Known
English, Hindi, Marwari, Gujarati and Marathi
Office
Mumbai, India
Overview
Prakshit joined us straight after law school and has since, been an active member of the Firm’s transactions and advisory practice. He serves clients, both domestic and multi-national, across a variety of sectors including telecommunications and telecom service providers, banks, infrastructure, cement, luxury retail and paints.
Practice Areas
Indicative Experience
- Advising Vodafone Idea Limited on its fund raise by way of a further issue of equity shares of INR 18,000 crores.
- Advising a French multinational on the proposed increase in shareholding of its Indian joint venture engaged in single-brand retail trading.
- Advising Grasim Industries Limited on various legal aspects pertaining to the launch of its paints business in India.
- Advising GlobalData Plc on the Indian leg of the restructuring of its healthcare data business valued at GBP 16.7 million.
- Advising ISS Facility Services India Private Limited on the proposed acquisition of the entire share capital of an integrated facility management service provider.
- Advising the promoter family of a listed entity on their wills and family trust deeds and related disclosures to the stock exchanges.
- Advising the promoter family of a listed entity on their advance medical directives (also known as living wills).
- Advising MSPL Limited on its borrowings of INR 1,300 crores from a consortium of lenders led by the State Bank of India.
- Advising a leading American company engaged in the chemical sector on the structuring aspects of several demand guarantees issued to it by an Indian company.
- Advising DCB Bank Limited on structuring its co-lending arrangements.
- Advising DCB Bank Limited on assignment of its loans to Karnavati Finance Limited aggregating to INR 10.80 crores.
- Advising key managerial personnel of one of India’s largest banks on internal disciplinary proceedings for allegations of major misconduct.
- Advising the Indian subsidiaries of two Danish-based conglomerates on employment agreements with their country manager / regional head.