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S Chand buys majority stake in Chhaya Prakashani

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DMD Advocates represented Chhaya Prakashani and its promoters through a team led by Mr. Rashi Dhir, Senior Partner and Head of Corporate and Shivendra Singh, Senior Associate.

DMD Advocates is a leading full service law firm in India with focus on solutions and results

through a unique holistic approach that blends its expertise and decades of experience in four core practice areas – Litigation & Dispute Resolution (“Litigation”), Corporate, Taxation, Regulatory and Intellectual Property Rights (“IPR”). With an extensive multi-sectoral and multi-jurisdictional experience of over three decades, the firm provides a wide range of Corporate, Litigation, Taxation, Regulatory and other legal services to a global clientele including leading Indian & multi-national companies, business groups, banks & financial institutions, public sector undertakings and some of the sought-after Fortune 100 & Fortune 500 companies.

S Chand And Company Limited, together with one of its subsidiaries has acquired majority stake in Chhaya Prakashani Private Limited from its promoters, Mr. Sumit Biswas and his affiliates. With the significant deal size, this is one of the largest deals to have been struck in the country’s education space recently. S Chand group is the oldest and the largest publishing and education service enterprise having footprints across the nation. Chhaya Prakashani is the largest publisher in terms of reach in eastern India.

 

 

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