ALMT Legal

ALMT Legal has a healthy mix of capital markets activity in local currency corporate bonds, IPOs and follow-ons. Advising financial institution groups needing bank capital has been particularly active during the past 12 months, including Canara Bank’s Rs11.2 billion rights issue. Market-leading lawyer Seebe Raj Arun, Rajat Bopaiah and Dhanya Menon, all based in Bangalore, share leadership responsibilities.

ALMT Legal continues as a trusted adviser in construction and real estate. “The team’s dedication and professionalism” earn a client’s praise. Leasing, hotel and resort constructions and healthcare facility development are among its specialities. Hitesh Jain, practice co-head, acted for Karrm Infrastructure in the construction of affordable housing in Maharashtra. Jyothi Rego and Rajat Bopaiah have conducted a title due diligence for an Indian real estate developer.

ALMT remains a highly recommended practice for its determined advice covering many industries including the materials and consumer discretionary sectors. “The firm provided excellent guidance and hand holding through the merger process,” says an M&A client. Practice co-head Aliff Fazelbhoy, a market-leading lawyer, and “very dedicated” Siddhi Ghatlia have acted for Sunflower Overseas, a metals and mining company, on its Rs120 million investment in Vietnam. Statira Ranina, praised for “great negotiation skills and huge experience”, advised Sanghvi Beauty & Technologies when L’Occitane, a leisure products retailer, injected Rs350 million into the company. Practice co-head Arun Seebe Raj, a market-leading lawyer, is also a notable name.

ALMT Legal shows consistent performance in advising media and entertainment companies. For example, Souvik Paul Mazumdar advised on a feature film, including events and endorsement contracts. He also acted for two producers Rakesh Batra and Kanika Batra on a Hindi-English feature film. Junia Sebestian, Siddhi Ghatlia and Kruti Desai are other notable names.

“Prompt and attentive”, ALMT Legal ensures its healthcare and information technology clients receive valuable employment advice. “Honest and knowledgeable” Aliff Fazelbhoy, a practice co-head, and Statira Ranina advised a global outsourcing firm on its human resource policies and procedures, including the management’s stock option plan. Fazelbhoy also acted for a cable and satellite company on its leave policy, including the potential to structure a policy of unlimited leave. “Smart and hardworking” Kruti Desai is another team leader.