Biography: Capital Markets

Yash J Ashar is a partner in the Amarchand Mangaldas Mumbai office. He focuses largely on capital markets.

An experienced practitioner in Indian securities law, Yash has been associated with a number of capital markets transactions including initial public offerings, follow on offerings, QIPs, rights offerings, ADRs, GDRs and FCCBs. He has advised on several pioneering capital markets transactions involving India's leading corporate. He also has experience in privatisation, joint ventures, private equity investments and general corporate law.

Yash is part of the faculty of the Securities Law Course at the Government Law College, University of Mumbai on topics relating to Indian securities markets and also conducts the securities law related modules related to the IPOs and continuous listing obligations at the Bombay Stock Exchange Training Institute. He was also nominated by the firm on the GRIP committee established by SEBI for review of IPO processes.

Yash is ranked in Band 2 in Capital Markets: India by Chambers Asia 2011. Mumbai-based practice head Yash Ashar is a particularly active player and is widely praised for his expertise. 'His deep experience makes him somebody you would want acting for you on a deal' (Chambers Asia 2011).

Yash joined the firm in 2001. He became partner in April, 2008.

His recent experience includes: advising Standard Chartered PLC in the first ever issuance of Indian Depository Receipts on the BSE and the NSE in July, 2010; advising Essar Energy PLC in relation to listing on the LSE in May, 2010; advising investment banks on the first issuance of NCDs and Warrants by HDFC Limited in August, 2009 and for the GDR and QIP by Axis Bank Limited in September, 2009; and advising Suzlon in relation to its restructuring of convertible bonds in May, 2009.