Lakshmikumaran and Sridharan Attorneys guided Divo TV Private Limited and its promoters to close the transaction with Warner Music India

Lakshmikumaran and Sridharan represented Divo TV Private Limited and its promoters, Shahir Muneer and Ramaswamy Vishwanathan, and closed the deal with Warner Music India Private Limited. The transaction involved a secondary sale by the promoters, resulting in Divo TV becoming a subsidiary of Warner Music. 

Divo TV Private Limited is a leading digital media and music company in India established in 2014 to help digital platforms, content creators and brands build their digital presence across content creation, distribution, monetization, and marketing. 

Warner Music India Private Limited is an Indian unit of Warner Music Group, USA. 

Lakshmikumaran & Sridharan’s Corporate and M&A team, comprising Mr. Noorul Hassan, Partner, Mr. Kumar Panda, Principal Associate, and Mr. Aman Gupta, Associate, acted on the transaction. The team worked alongside Sameer Avasarala, Senior Associate from the Data Protection team.  

About Lakshmikumaran & Sridharan: 

Lakshmikumaran & Sridharan (LKS) is a premier full-service Indian law firm specializing in areas such as corporate & M&A/PE, dispute resolution, taxation and intellectual property. The firm, through its 14 offices across India, works closely on litigation and commercial law matters, advising and representing clients both in India and abroad. The firm has handled more than 30,000 litigation cases before various forums including 2,000 cases before the Supreme Court of India. Over the last 37 years, the firm has worked with over 15,500 clients which range from start-ups, small & medium enterprises, to large Indian corporates and multinational companies. 

The professionals within the firm bring diverse experience to service clients across sectors such as commodities, automobile, manufacturing, healthcare, IT/ITeS, FMCG, hospitality, real estate, petrochemicals, e-commerce, fintech, big data, renewables, cryptocurrency, gaming and sports. The firm takes pride in the value-based, client-focused approach that combines knowledge of the law with industry experience to design bespoke legal solutions. 

The firm’s driving principles to achieve our vision are integrity, knowledge, innovation, and collaboration.