Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Amarchand Mangaldas, Dorsey & Whitney Named for Power Grid Sale

Aug. 25 (Bloomberg) -- Amarchand Mangaldas & Suresh A Shroff & Co. and Dorsey & Whitney LLP have been selected as legal advisers for a 20 percent stake sale in Power Grid Corporation of India Ltd., said Prashant Gupta, a partner at Amarchand Mangaldas.

John Chrisman, a partner at Dorsey & Whitney, did not immediately respond to an e-mail seeking comment.

The government and Power Grid will sell a combined 841.8 million shares, according to a statement last month. Power Grid shares have declined 6.5 percent this year, valuing the 20 percent stake at about 86.7 billion rupees ($1.8 billion).

Goldman Sachs Group Inc., JPMorgan Chase & Co., ICICI Securities Ltd. and SBI Capital Markets Ltd. may manage the share sale, three people with knowledge of the deal told Bloomberg News on Aug. 5.

To contact the reporter on this story: Kian Ganz in Mumbai at

To contact the editor responsible for this story: Stephen Foxwell at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.