Khaitan & Co acted as legal counsel to ICICI Securities Ltd (“Issuer”) in connection with its issue of 50,000 fully paid, unsecured, rated, listed, redeemable, non-convertible debentures aggregating to INR 5,000 million (including an option to retain over subscription of up to INR 2,500 million), on a private placement basis (“Issue”). 

Khaitan & Co advised the Wilmar Group on the acquisition of 13.00% in AWL Agri Business Ltd (formerly known as Adani Wilmar Ltd) held by Adani Group for a total consideration of USD 525.61 million. The firm advised on legal aspects of the transaction, negotiation and finalization of the transaction documentation.

Khaitan & Co advised PI Opportunities Fund - II in relation to its participation in the Series C fundraise of ~INR 350 crores by Dezerv Investments Pvt Ltd.

Khaitan & Co advised the Book Running Lead Managers, i.e., Kotak Mahindra Capital Company Ltd, J.P. Morgan India Pvt Ltd, Morgan Stanley India Company Pvt Ltd, Axis Capital Ltd and Citigroup Global Markets India Pvt Ltd, on the initial public offering of equity shares of Meesho Ltd aggregating to INR 54,212.04 million, comprising a fresh issue and an offer for sale by certain shareholders, including Peak XV Partners, Elevation Capital, Y Combinator Continuity and Venture Highway Series. The IPO made a strong debut on NSE and BSE.

Khaitan & Co represented Saregama India Ltd before Delhi High Court in the suit for copyright infringement against Black Madras Films & Illaiyaraja regarding the use of the song “Naguva Nayana” in their film “MASK”. During the hearing, the Delhi High Court has clarified that Illaiyaraja as a Music Composer has no right to grant any copyright license of the sound recording and hence, restrained Black Madras Films from releasing their film “MASK” on OTT Platforms without taking copyright license from Saregama India Ltd.