Khaitan & Co advised National Engineering Industries Ltd (NEI), a part of the CKA Birla Group, in respect of its proposed investment for acquiring 30% stake in Ahamani EV Technology India Pvt Ltd (Ahamani India). Through this investment, parties intend to cater to the fast growing Indian and global drone market by leveraging NEI's local operating expertise and market position, the technical capability of Ahamani India and Ahamani Taiwan's innovative technology. The Firm advised NEI on the legal due diligence and executing definitive documents for this transaction.
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Core Team
The core team consisted of Prasenjit Chakravarti (Partner), Nitish Goel (Partner), Govinda Toshniwal (Counsel) and Anant Pratap Singh (Senior Associate).