Khaitan & Co advised Tata Capital Ltd on the execution of transaction documents to acquire approximately 88.6% of the shareholding of Yogakshemam Loans Ltd, a non-banking financial company (NBFC) primarily engaged in the business of lending against gold jewellery.
The Firm assisted Tata Capital Ltd in undertaking legal due diligence on Yogakshemam Loans Ltd and advising on structuring, documentation and negotiation of the transaction documents, which includes the securities subscription and purchase agreement.
The deal was assisted by:
Corporate & Commercial: Mehul Shah (Partner), Jamsheed Dadachanji (Principal Associate), Bimbita Kateel (Principal Associate), Vivek Badkur (Senior Associate) and Kashvi Shetty (Associate), Arth Ghiya (Associate), Priyadarshini Dutt (Associate) and Ranjul Malik (Associate)
Direct Tax: Vinita Krishnan (Executive Director) and Avin Jain (Principal Associate)
Indirect Tax: Mayank Jain (Partner), Pranay Sahay (Principal Associate) and Akshita Shetty (Principal Associate)
Banking & Finance: Manisha Shroff (Partner), Arjita Agarwal (Principal Associate), Akshansh Sharma (Senior Associate), Khushboo Damakia (Senior Associate), Priyam Indurkhya (Associate)
Employment, Labour & Benefits: Deepak Kumar (Partner), Archika Dudhwewala (Principal Associate), Sakshi Lalwani (Associate)
The core team consisted of Surbhi Kejriwal (Partner), Vidushi Gupta (Partner), Bimbita Kateel (Principal Associate), Vedika Bhandari (Principal Associate), Nikhil Singh (Senior Associate), Vivek Badkur (Senior Associate), Arnav Bose (Senior Associate), Arth Manish Ghiya (Associate), Priyadarshini Dutt (Associate) and Ranjul Malik (Associate)