Khaitan & Co advised ITOCHU Corporation in relation to acquisition of a portion of the equity securities of the Aegis Terminal (Pipavav) Ltd (the Target Company) from Aegis Vopak Terminals Ltd (the Seller) (the “Transaction”), through which ITOCHU Corporation will participate in the ammonia storage terminal business operated by the Target Company at Port Pipavav, Gujarat.
Khaitan & Co a advised Persistent Systems Ltd on its maiden Qualified Institutional Placement (QIP) of INR 42,646.10 million.
Khaitan & Co advised Kedia Apartments Co-operative Housing Society Ltd on the redevelopment of its property at Malabar Hill, Mumbai, by Shoden Developers (part of the House of Hiranandani Group).
Khaitan & Co advised Balkrishna Industries Ltd (BKT) on their strategic agreement with Pirelli to capture opportunities in the Indian car tyre market. The partnership unites Pirelli’s high-end technological leadership with BKT’s local industrial positioning and strong presence.
Khaitan & Co advised Sumitomo Corporation in relation to acquisition of 49% equity shareholding in Clean Solar Power (Baniyana) Pvt Ltd (the “Target Company”), a subsidiary of HSEPL, which forms part of Hero Future Energies, the renewable energy business arm of the Hero Group (“Proposed Transaction”). Following completion of the proposed investment, Hero Solar Energy Pvt Ltd (“HSEPL”) will retain the remaining 51% equity shareholding in the Target Company.
Khaitan & Co advised ANTA Sports Products Ltd (“ANTA”) in obtaining Government approval under Press Note 3 of 2020 (“PN3”) in connection with its proposed indirect acquisition of 29.06% of the issued and outstanding share capital of PUMA SE (“PUMA”).
Khaitan & Co advised Entab Infotech Pvt Ltd (Entab) and its promoters in connection with the acquisition of Entab by Nelnet Business Services.
Khaitan & Co acted as legal advisors to Shree Naman Developers Pvt Ltd in relation to (i) due diligence and acquisition of Gstaad Hotels Pvt Ltd which owns JW Marriott, Bengaluru and Neo Capricorn Plaza Pvt Ltd which owns Crowne Plaza, Pune,
Khaitan & Co advised SGS India Private Limited (a subsidiary of SGS SA, the world’s leading Testing, Inspection and Certification company) on the direct acquisition of Prescient Cyber Audit & Assurance Private Limited — forming part of SGS Group’s global acquisition of the Prescient Security group.
Khaitan & Co advised National Bank for Financing Infrastructure and Development (“Issuer”) in relation to establishment of its maiden USD 4 billion Global Medium Term Note Programme (the “GMTN Programme”) and the issuance of its debut USD 750 million 6.122% fixed rate senior unsecured notes due 2036 (“Notes”) under the GMTN Programme pursuant to Regulation S and Rule 144A of the U.S. Securities Act, 1933 which are listed on India INX and NSE IX in the GIFT City.
