Khaitan & Co advised Somic Ishikawa Inc. in finalising agreement for acquisition of balance stake from existing joint venture partner, ZF India Pvt Ltd, making Somic ZF Components Pvt Ltd a wholly owned subsidiary of the Somic group. 

The Firm acted as legal counsel to Somic Ishikawa Inc. on all legal aspects of the transaction, including: (i) negotiating, drafting, and reviewing transaction documents; (ii) conducting limited legal due diligence on Somic ZF Components Private Limited; and (iii) assisting with the execution of transaction documents.

Khaitan & Co advised the Book Running Lead Managers - Axis Capital, JM Financial and SBI Capital Markets on filing the DRHP for the IPO of Safex Chemicals India, comprising a fresh issue of up to INR 4,500 million and an offer for sale of up to 35.73 million equity shares. 

Khaitan & Co advised Salesforce Ventures on the reverse flip of fintech unicorn Razorpay, shifting its parent company's domicile from the US to India. The deal was the first to make use of India’s fast-track cross-border merger regime to complete a reverse flip. 

The Firm provided advice to Salesforce Ventures in relation to (a) preservation and replication of its rights as they existed in Razorpay US pursuant to the reverse flip; and (b) tax implications on Salesforce Ventures in relation to the reverse flip.

Khaitan & Co advised Concept Hospitality Private Limited (CHPL) on the signing of definitive documents with a group company of Marriott International, Inc. (Marriott), to enter into a strategic partnership with Marriott, whereby CHPL’s flagship brand of hotels – The Fern, The Fern Residency and The Fern Habitat – will be affiliated with Marriott’s newly launched regional collection brand – ‘Series by Marriott™’.  Marriott has also agreed to make a small equity investment in CHPL.

Khaitan & Co successfully advised and represented manufacturing and exporting entities viz; (i) Husky Injection Molding Systems SA., Luxemburg (ii) Husky Injection Molding Systems Shanghai Ltd., China (iii) HUSKY INJECTION MOLDING SYSTEMS LTD., CANADA (iv) Husky Injection Molding Systems India (Pvt.) Ltd.

Khaitan & Co Acted as Indian legal counsel to 11 selling shareholders in connection with the initial public offer of equity shares by Curefoods India Ltd, comprising of a fresh issue aggregating up to INR 8,000.00 million and an offer for sale of up to 48,537,599 equity shares of face value INR 1 each. 

Khaitan & Co advised Triton Fund II (Triton) with respect to its minority investment in Gyankaar Technologies Pvt Ltd (Company), in its Series A5 funding round.

PagarBook, an application operated by the Company, is a leading provider of HRMS solutions for SMBs, facilitating efficient management of staff attendance, salary processing, making payments and undertaking labour law compliances.

Khaitan & Co acted as legal counsel for Kaya Limited on the preferential issue of equity shares equivalent to a 13.76% stake in Kaya Limited to Axana Estates LLP, by way of preferential allotment for an aggregate amount of INR 750 million. 

Khaitan & Co advised Nuvoco Vistas Corporation Limited (“Nuvoco”) in relation to the acquisition of Vadraj Cement Limited (“Vadraj”) pursuant to the implementation of Nuvoco's resolution plan approved by the committee of creditors of Vadraj and the National Company Law Tribunal, Mumbai bench by way of its order dated 01 April 2025. Following the same, Nuvoco moved the Special PMLA Court in Mumbai and was able to get a restoration of assets order for the assets of Vadraj attached by the Enforcement Directorate, Mumbai in the ILFS proceedings.

Khaitan & Co advised Axis Capital Ltd and IIFL Capital Services Ltd on the initial public offering of equity shares by Allied Engineering Works Ltd. The transaction involves a fresh issue of Equity Shares aggregating up to ₹ 4,000 million and an offer for sale of up to 7,500,000 Equity Shares.