13 Dec 2025

AZB, Latham, TT&A and Ashurst advise on TotalEnergies' ₹2,800 crore sale of Adani Green shares

"AZB & Partners and Latham & Watkins advised TotalEnergies Renewables Indian Ocean Ltd. on a secondary sale of up to 28,640,138 Adani Green shares (≈1.74% stake) on BSE and NSE, raising about ₹2,800 crore (~$350m). TT&A advised broker Jefferies India; Ashurst acted as international legal counsel to the broker."

AZB & Partners and Latham & Watkins advised TotalEnergies Renewables Indian Ocean Ltd.; TT&A advised Jefferies India Private Limited, the broker on the transaction; and Ashurst acted as international legal counsel to the broker. TotalEnergies Renewables Indian Ocean Ltd. completed a secondary sale of up to 28,640,138 equity shares of Adani Green Energy Limited on the screen-based trading platforms of the BSE Limited and the National Stock Exchange of India Limited. The sale amounted to approximately ₹2,800 crore (about $350 million) and represented roughly a 1.74% stake in Adani Green. AZB & Partners represented TotalEnergies Renewables Indian Ocean Ltd. with a team composed by: Senior Partners Ashwath Rau and Kashish Bhatia. Latham & Watkins represented TotalEnergies Renewables Indian Ocean Ltd. with a team composed by: the firm's counsel. TT&A represented Jefferies India Private Limited (broker) with a team composed by: Abhinav Kumar (Partner), Shubham Sancheti (Managing Associate) and Raunaq Ali (Associate). Ashurst represented Jefferies India Private Limited (as international legal counsel to the broker) with a team composed by: the firm's international counsel.
Read the full story

Register for free to access daily news.

Register Free
We use cookies to improve your experience, analyze traffic, and serve targeted ads. Read our Cookie Policy.

Cookie Preferences

Customize your cookie settings. Necessary cookies are always enabled.

Strictly Necessary

Required for the website to function (e.g. login, security).

Analytics & Statistics

Help us understand how visitors interact with the website.

Marketing & Ads

Used to deliver relevant ads and track effectiveness.