Khaitan & Co advised and represented Business Media Pvt Ltd ("BMPL") in a suit for defamation filed by Mr Sameer Wankhede (IRS Officer), before the Delhi High Court, alleging publication of defamatory content by Red Chillies Entertainments, Netflix, and RPSG Lifestyle (i.e., BMPL).

Khaitan & Co advised TwentySeven Bakehouse, part of Urban Gourmet India Pvt Ltd, on its collaboration with Tata Starbucks to introduce and supply a curated food portfolio to select several Starbucks stores across Mumbai including the Starbucks Reserve® store and coffee experiential stores.

Khaitan & Co advised TVS Emerald Ltd (the real estate arm of the TVS Group) (“Sponsor”), on its INR 239 Crore investment from International Finance Corporation, the private sector arm of the World Bank Group, through the issuance of listed, unsecured, rated, redeemable, principle-protected, non-convertible debentures by the Sponsor’s subsidiaries, namely (i) Emerald Haven Properties Pvt Ltd; (ii) Emerald Haven Life Spaces 2 Pvt Ltd; and (iii) Emerald Haven Life Spaces 3 Pvt.

Khaitan & Co advised Kalpataru Projects International Ltd ("KPIL") on the divestment of its entire 100% equity shareholding in Vindhyachal Expressway Pvt Ltd (“VEPL”), a wholly-owned special purpose vehicle holding a long-term concession for the development, operation and maintenance of an approximately 89.30 kilometre four-lane road project on National Highway-7 connecting Rewa and Hanumana at the Madhya Pradesh–Uttar Pradesh border, implemented on a toll-based public-private partnership model.

Khaitan & Co advised Indian Overseas Bank on the issue of unsecured, non-convertible, taxable, listed, fully paid up, redeemable, regulatory capital bonds in the nature of debentures with a base issue size of INR 500 crores and a green shoe option to retain oversubscription up to INR 500 crores, aggregating up to INR 1,000 crores on a private placement basis (“Issue”). The Issue received an overwhelming response from the investors and was oversubscribed by 6.52 times of the base issue size.

Khaitan & Co advised Kalpataru Projects International Limited ("KPIL") on the divestment of its entire 100% equity shareholding in Vindhyachal Expressway Private Limited (“VEPL”), a wholly-owned special purpose vehicle holding a long-term concession for the development, operation and maintenance of an approximately 89.30 kilometre four-lane road project on National Highway-7 connecting Rewa and Hanumana at the Madhya Pradesh–Uttar Pradesh border, implemented on a toll-based public-private partnership model.

Khaitan & Co advised Reliance Jio Studios and Reliance Strategic Business Ventures Ltd on the acquisition of a controlling stake of 50.1% in Sikhya Entertainment Pvt Ltd, through a mix of primary and secondary acquisition.

The firm advised Reliance on deal negotiations and finalisation of the transaction documents including agreements for the primary investment and secondary acquisition, shareholders agreement and other ancillary documents.

Khaitan & Co acted as legal counsel the book running lead managers as to Indian law in connection with pre-filed draft red herring prospectus filed by the Bain group backed Dhoot Transmission Ltd in relation to its proposed initial public offering of equity shares.

Khaitan & Co acted as legal counsel to 360 ONE Alternates Asset Management Ltd in relation to the issuance of secured, unlisted, unrated, redeemable non-convertible debentures aggregating to INR 90 crores issued by Freedom Charter Services Pvt Ltd, a company belonging to the Greenko group, for the purpose of acquisition of Embraer Legacy 650 Aircraft.

Khaitan & Co advised Vertex Ventures SEA Management Pte. Ltd on leading the Series B funding round of ~INR 250 crores in Fourdegreewater Capital Private Limited (dba WintWealth).

The Firm acted as legal advisors to Vertex Ventures SEA Management Pte. Ltd in undertaking the legal due diligence, regulatory advisory, drafting and negotiation of transaction documents.