Khaitan & Co advised and assisted Kedaara Pearl Holding and Kedaara Capital Fund IV AIF (Kedaara Funds) in securing an unconditional approval from the Competition Commission of India (CCI) for their subscription of minority shareholding in Axis Finance Ltd (AFL).
Khaitan & Co advised Peak XV Partners Growth Investments IV (formerly, Sequoia Capital India & SEA) (“Peak XV”) in relation to leading the ~USD 7.8 million investment in series A round of Bazaarindia Technologies Pvt Ltd (“BazaarNow”)
Khaitan & Co acted as legal counsel to JSW Infrastructure Ltd (the “Company”) and Sajjan
Khaitan & Co advised Persistent Systems on the acquisition of up to 100% stake in Nagarro SE through a combination of the acquisition of 21% stake under a negotiated deal and a voluntary public takeover offer.
Khaitan & Co advised Pricol Ltd on the scheme of arrangement between Pricol Ltd and Pricol Autotech Ltd and their respective shareholders and creditors, providing for the demerger of Pricol's Driver Information & Connected Vehicle Solutions (DICVS) business into Pricol Autotech Ltd.
Khaitan & Co advised HSBC Bank, Axis Bank, Barclays Bank, BNP Paribas, Citigroup Global Markets, J.P. Morgan Securities, MUFG Securities Asia, Crédit Agricole, Emirates NBD, Mashreqbank, and Société Générale, as managers, in connection with the dual-tranche notes offering by Axis Bank Ltd under its existing USD 5 billion Global Medium Term Note (GMTN) programme.
Khaitan & Co acted as legal counsel to HSBC in relation to a large rupee term loan facility extended to Waaree Renewable Technologies Ltd (WRTL), a leading Solar Power EPC Company in India, for financing the acquisition of a controlling stake of 55% in the share capital of Associated Power Structures Pvt Ltd.
Khaitan & Co advised Vedanta Ltd (VEDL) on the transfer of (i) listed, rated, secured, redeemable non-convertible debentures aggregating INR 6,089 crores and (ii) listed, rated, unsecured, redeemable non-convertible debentures aggregating INR 2,600 crores, each listed on BSE Ltd and issued by VEDL, to Vedanta Aluminium Metal Ltd (VAML).
Khaitan & Co acted as legal counsel the book running lead managers (BRLMs) in connection with the proposed initial public National Stock Exchange of India Ltd.
Khaitan & Co advised and assisted 360 ONE Pvt Equity Fund (investing through its various schemes and acting through its investment manager, 360 ONE Alternates Asset Management Ltd) (collectively, “360 ONE”) in securing an unconditional approval from the Competition Commission of India (“CCI”) for its minority investment in Neysa Networks Pvt Ltd (“Neysa”).
