Khaitan & Co advised Kotak Securities Limited, ICICI Securities Limited and Citigroup Global Markets India Private Limited, the brokers to the offer, in relation to Offer for Sale through the stock exchange mechanism of equity shares representing 5% of paid-up equity capital of Container Corporation of India Limited (CONCOR) by President of India acting through Ministry of Railways.
CONCOR is a Navratna Public sector undertaking under the Indian Ministry of Railways and is a leader in the field of Multi Modal Transport in India with largest available network of State-of-the-art inter-modal terminals across the country providing unparallel reach and penetration, combined with strong presence at almost all container handling ports.
Sudhir Bassi, Executive Director; Madhur Kohli, Associate Partner; Soumya Mohapatra, Principal Associate and Chirayu Chandani, Senior Associate represented the client on the transaction.