Khaitan & Co advised AdaniConneX, a joint venture between Adani Enterprises Ltd and EdgeConneX, on its completed acquisition of a 100% stake in Madhuvanti Build Estate Ltd, a company incorporated to undertake infrastructure operations, for a consideration of INR 765.25 crores.
The firm advised AdaniConnex in conducting a comprehensive due diligence on Madhuvanti Build Estate and drafting of the share purchase agreement for acquiring 100% shareholding.
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Deal Details
Support Team
The deal was assisted by:
Real Estate: Devendra Deshmukh (Partner), Rahul Sunil Agarwal (Principal Associate) and Sanket Wakshe (Associate)
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Core Team
The core team consisted of Ashraya Rao (Partner), Unnita Bhattacharya (Principal Associate), Alankrita Singh (Senior Associate) and Palak Sheth (Associate)