Khaitan & Co advised Kotak Life Sciences Fund I and Alkemi Venture Fund II Scheme I in their primary investment in Zeroharm Sciences Pvt Ltd, a nutraceutical company.
Khaitan & Co represented Innova Captab Ltd in High Court of Gujarat under writ jurisdiction challenging illegal recovery and withholding of payments. Challenge to unilateral recovery of alleged risk purchase dues from a 2021 contract by deducting amounts from invoices raised under separate 2024–25 rate contracts without adjudication and without following principles of natural justice.
Khaitan & Co represented Premji Invest on INR 300 crores investment, through its fund PI Opportunities Fund I Scheme II, in JS Auto Cast Foundry India Pvt Ltd ("Target"), a wholly owned step-down subsidiary of Bharat Forge Limited for a subscription of 23% stake in the Target.
Khaitan & Co advised the Book Running Lead Managers - Kotak Mahindra Capital, Morgan Stanley India, Axis Capital and Goldman Sachs India Securities on the initial public offering of Fractal Analytics, aggregating to INR 28,339 million, comprising of a fresh issue and an offer for sale.
Khaitan & Co advised funds managed by American Industrial Partners in connection with their entry into definitive documents for the sale of MolyCop Group to Tega Industries in partnership with funds managed by Apollo Global Management for an EV value of approx USD 1.45 Billion. MolyCop is a leading global supplier of grinding media for the mining industry.
Khaitan & Co acted as legal counsel to GEF Capital Partners in connection with its acquisition of a significant minority stake in Arya.ag, an integrated grain commerce and agritech platform, through a combination of primary and secondary investments aggregating ~USD 80 million.
Khaitan & Co advised and assisted Hoograjuli (Assam) Tea Company Ltd and Thakkar Estate & Properties LLP in structuring the framework for the development of premium project property at 5 Pretoria Street, Kolkata to be developed by a reputable developer PS Group Realty Pvt Ltd along with the vetting, finalisation and execution of all transaction documents in relation to such development.
Khaitan & Co advised and assisted Sarda Designer Pvt Ltd in its proposed acquisition of 16 premium industrial units at large scale industrial project named 'Regent SME Industrial Park' at Barasat from S.D. Infrastructure & Real Estate Pvt Ltd. The Firm provided the Client with end-to-end advisory and assistance in relation to the acquisition including, due diligence of the property vetting preparing and negotiating the sale agreements and other ancillary documentation.
Khaitan & Co advised a consortium of resolution applicants comprising Oberoi Realty Ltd, Shree Naman Developers Pvt Ltd, and JM Financial Properties and Holdings Ltd in relation to legal due diligence, title due diligence and submission of resolution plan for Hotel Horizon Pvt Ltd under the Corporate Insolvency Resolution Process (CIRP).
Khaitan & Co advised Smartcoin Financials Pvt Ltd (Olyv) on their Series C round of funding of INR 207 crores from The Fundamentum Partnership – Fund II and SMBC Asia Rising Fund.
The Firm (a) advised on the structuring related aspects of the transaction; (b) assisted in the negotiation and finalisation of the transaction documents; and (c) conducted a vendor due diligence on Smartcoin Financials Pvt Ltd and its subsidiaries.
