Tractors and Farm Equipment Limited - Advisory and potential arbitration
Khaitan & Co advised Tractors and Farm Equipment Ltd (TAFE) on the composite deal settlement with AGCO Corporation (AGCO) for which the following agreements were executed: (i) Buyback agreement; (ii) IP Agreement; (iii) Arbitrations settlement agreement; (iv) India litigation settlement agreement; and (v) Cooperation Agreement.
Jefferies India Private Limited, IIFL Capital Services Limited and Kotak Securities Limited - Secondary sale of equity shares held by TPG Asia VII SF Pte Ltd in Sai Life Sciences Limited
Khaitan & Co advised the Brokers i.e., Jefferies India Pvt Ltd, IIFL Capital Services Ltd and Kotak Securities Ltd in relation to the secondary sale of equity shares held by TPG Asia VII SF Pte Ltd, affiliate of the TPG Group, in Sai Life Sciences Ltd, on the floor of the stock exchange by way of a block sale, for a total consideration of INR 2,800 crores.
SFC Environmental Technologies Limited - Filing of the DRHP for the proposed IPO
Khaitan & Co advised SFC Environmental Technologies Ltd on filing the DRHP for its proposed IPO comprising a fresh issue and an offer for sale of equity shares.
Gokaldas Exports Ltd - Amalgamation of BTPL with GEL
Khaitan & Co advised Gokaldas Exports Ltd (“GEL”) in relation to amalgamation of BRFL Textile Pvt. Ltd. (“BTPL”) with GEL.
Insight Venture Management - Investment in Chainbrain Inc.
Khaitan & Co advised Insight Venture Management LLC on the India leg aspects for its investment in Chainbrain Inc. as a part of the Series B funding round of USD 43.5 million, which Insight led.
Capital Business Systems Private Limited - Sale of its subsidiary to Iron Mountain Incorporated
Khaitan & Co advised Capital Business Systems and its promoters on the sale of its subsidiary, Capital Record Centre, a leading provider of secure records and information management services in India, to Iron Mountain Incorporated.
SeedWorks International Limited | Proposed initial public offering
Khaitan & Co advised SeedWorks International Ltd on the filing of the draft red herring prospectus for its proposed initial public offering of up to 51,970,282 Equity Shares of the Company, comprising of an offer for sale by certain shareholders.
Ashwin Sheth Group – Assistance with project ‘One Marina’ at Marine Lines
Khaitan & Co advised Ashwin Sheth Group in carrying out title due diligence of the project known as ‘One Marina’ situated at Marine Lines, Mumbai, which is being developed by Valencia and Mishal Ventures Pvt Ltd (Company). The land on which the project is being developed is owned by Municipal Corporation of Greater Mumbai (MCGM). Ashwin Sheth Group acquired 50% stake in the Company and will be developing the project in joint collaboration with the existing shareholder, YM Infra Group.