Deal News
Varun Jain, Regulatory & Government Affairs Expert Joins Singhania & Partners LLP As CEO
Singhania & Partners LLP announces the appointment of Varun Jain as CEO. Varun, a highly experienced Regulatory & Government Affairs expert, joins the team with more than two decades of experience in heavily regulated industries like pharmaceuticals, big tech, medical devices, and aerospace spanning leading MNC’s like Google, Honeywell, Gilead, Medtronic, and Tata Consultancy Services.Varun has Master's degrees from the Harvard Kennedy School; Indian School of Business, Hyderabad; and an...
IndusLaw Advises Namma Yatri On Funding By Google, Blume Ventures, Antler, Others
IndusLaw advised Moving Tech Innovations Private Limited (“Namma Yatri”), in relation to its funding by Google, Blume Ventures, Antler, others. Namma Yatri is India's first ride hailing app built on a truly open network providing complete transparency in ride booking for both drivers and customers. IndusLaw Team: Anindya Ghosh (Partner), Anantha Krishnan Iyer (Partner), Aishwaria Ramanan (Senior Associate) and Arnab Chakraborty (Associate). Other law firms involved: ...
IndusLaw Advises G.O.A.T Brand Labs On USD 21 Million Equity And Debt Investment For Brand Expansion
IndusLaw advised G.O.A.T Brand Labs on a mix of equity and debt investment from Blackrock, Mayfield, NB Ventures, and others, which investment will be utilized towards expanding its existing brands including Chumbak, Pepe Jeans, and The Label Life. Deal amount: USD 21 million (approx.) IndusLaw Team: Equity: Mayukh Datta (Partner), Amar KM (Senior Associate) and Aparimita Choudhary (Associate) Debt: Pritha Chatterjee (Partner) and Neeati Narayan (Principal Associate) ...
IndusLaw Advises UBS Securities India Private Limited On INR 8.3 Billion Stake Sale In PNB Housing Finance Limited
Indus Law advises UBS Securities India Private Limited in relation to a stake sale in PNB Housing Finance Limited by Asia Opportunities V (Mauritius) Limited and General Atlantic Singapore Fund FII Pte Ltd through a block deal. The deal, valued at INR 8.3 billion (USD 100 million), involved the sale of shares worth Rs 830 crore by the two funds. Asia Opportunities V (Mauritius) Limited and General Atlantic Singapore Fund FII Pte Ltd proposed to sell 1.08 crore shares which represented...
Luthra And Luthra Law Offices India Advises Sapala Organics On Acquisition By Suven Pharmaceuticals In A Phased Transaction
Luthra and Luthra Law Offices Indiarepresented Sapala Organics Private Limited and its existing shareholders, in connection with the execution of definitive agreements with Suven Pharmaceuticals Limited for the acquisition of 51% of its equity shares (on a fully diluted basis). Led by Partner Nishant Singh, the transaction team consisted of Managing Associate Saksham Madan and Associates Varshini Ramesh, Charith Reddy, and Maitri Meghani.
Lakshmikumaran & Sridharan Advises Regal Rexnord On Indian Leg Of Global Acquisition By WEG S.A.
Lakshmikumaran and Sridharan represented Regal Rexnord Corporation in connection with the Indian leg of a global transaction involving the acquisition of the industrial electric motors and generators business of Regal Rexnord Corporation by WEG S.A across various jurisdictions, including India, the United States of America, Brazil, Australia, New Zealand, Switzerland and Netherlands. The Indian leg of the global transaction resulted in Regal Rexnord Corporation selling 100% (one...
Zeus Law Associates Represented Krisumi Corporation Private Limited For Land Collaboration For Krisumi Waterfall Residences, Gurugram
ZEUS Law Associates, a prominent law firm specialising in Corporate & Commercial laws and Dispute Resolution practice, represented Krisumi Corporation Private Limited, a joint venture between Sumitomo Corporation, headquartered in Japan, a global leader with projects across several countries and real estate arm of Krishna group.ZEUS Law advised the Krisumi Corporation in their collaboration for another 3 acre of land parcel in Sector 36A, Dwarka Expressway, Gurugram, acquired for their...
ZEUS Law Associate's Real Estate Transaction Team Facilitates Land Development Deal With Max Estate
ZEUS Law Associates, a leading law firm also specializing in real estate transactions played a pivotal role in the recently announced real estate development deal for land parcels of 18.23 acres, situated along the high-in-demand Dwarka Expressway in Sector 36A of Gurugram, set to significantly influence the surrounding area.The team at ZEUS represented the landowner, Namo Real Tech Pvt. Ltd., for its collaboration with Max Estates, the real estate arm of Max group for a mixed-use project with a...
Luthra And Luthra Leads INR 70 Billion Reverse Merger For Ujjivan Group's Listed Companies With Sole Legal Advisory Role
Luthra and Luthra Law Offices India acted sole legal advisor on the Reverse Merger for the Ujjivan Group's listed companies - Ujjivan Financial Services Limited, an RBI registered Listed NBFC, into and with its subsidiary company viz; Ujjivan Small Finance Bank Limited, a listed Bank. The said reverse merger received the final sanction of the Hon'ble National Company Law Tribunal, Bangalore on April 19, 2024. This deal value is approx. INR 70 Billion.The core transaction team comprised of...
Luthra & Luthra Facilitates Sanyo Special Steel's Strategic Stake Acquisition in Indian Subsidiary"
Luthra and Luthra Law Offices India assisted Sanyo Special Steel Co. Ltd in obtaining the Competition Commission of India's approval for acquisition of 15.43% shareholding in Sanyo Special Steel Manufacturing India Private Limited from Mitsui & Co.Sanyo Special Steel Co. Ltd is a Japan-based company that manufactures and sells steel products globally. It has manufacturing hubs in Europe and India and is engaged in manufacturing and marketing of various special steel products, including...
Luthra And Luthra Advises HDFC Bank On INR 4180 Million Financing For BluPine Energy's 120 MW Gujarat Solar Project
Luthra and Luthra Law Offices India acted for and advised HDFC Bank in connection with financial assistance of INR 4180 Million granted to a SPV of Blupine Energy for its 120 MW solar project in Sadla, Gujarat.Blupine Energy is a global leading renewable energy services company established by Actis, a global investor and leader in funding and building sustainable infrastructure companies. With an investment of USD 800 million from Actis' Energy Fund 5, BluPine Energy is dedicated to developing a...
Kochhar & Co. Advises Spectris Group On Its Strategic Divestiture
Kochhar & Co. is pleased to announce its role as a legal advisor to the Spectris Group, a global leader in high-tech precision instrumentation and controls, in the Indian leg of its strategic divestiture of the Red Lion Controls business to HMS Networks.The transaction involved the transfer of the Red Lion Controls division from Spectris Technologies Private Limited to HMS Industrial Networks India Private Limited.Kochhar Delhi Partner Nishant Arora led the transaction, with support from...