Khaitan & Co advised Reliance Jio Studios and Reliance Strategic Business Ventures Ltd on the acquisition of a controlling stake of 50.1% in Sikhya Entertainment Pvt Ltd, through a mix of primary and secondary acquisition.
The firm advised Reliance on deal negotiations and finalisation of the transaction documents including agreements for the primary investment and secondary acquisition, shareholders agreement and other ancillary documents.
This transaction is distinctive in that it establishes a strategic partnership, aligning Sikhya’s acclaimed creative and production capabilities with Reliance’s scale and distribution infrastructure, supporting development of high-quality content with wider domestic and international reach.
The deal was assisted by:
Corporate & Commercial: Ishan Johri (Partner), Akriti Sirsalewala (Senior Associate), Sankalp Jain (Associate) and Pulkit Khare (Associate).
The core transaction team consisted of Tanu Banerjee (Partner), Vedika Agarwal (Principal Associate) and Akriti Sirsalewala (Senior Associate).