Khaitan & Co represented Mahyco before the Bombay High Court in securing ad-interim injunctive relief and dismissal of an application to vacate ad-interim injunctive relief against Seamons Seeds in a trademark infringement and passing off suit in respect of the mark “Bahubali”. Following the ad-interim order, raids were conducted across multiple locations in Gujarat and infringing goods were seized.
Khaitan & Co advised Perfios Software Solutions Pvt Ltd on 100% acquisition of IHX Pvt Ltd.
Khaitan & Co advised Sobha Ltd on the joint development of a slum project situated at Sewri, Mumbai, with Landmark Developers. Sobha has poised this development to be its first marquee project in Mumbai redevelopment circuit. The transaction involved advising the client in undertaking title diligence, negotiating and finalising joint development agreement.
Khaitan & Co advised Kaynes Technology India Ltd on the Qualified institutions placement of 28,72,788 equity shares of INR 10 each, issued at INR 5,569.50 per Equity Share, including a premium of INR 5,559.50 per Equity Share, aggregating to ~INR 16000 million. The transaction was lead managed by Motilal Oswal Investment Advisors Ltd and Axis Capital Ltd.
Khaitan & Co advised Knest Manufacturers LLP on an INR 300 crores primary investment by Lighthouse India Fund IV AIF.
Khaitan & Co advised JM Financial (and its clients) on its investment of approximately INR 700 crores in Knowledge Realty Trust (a Blackstone backed REIT) as part of a pre-IPO fund-raising round of INR 1400 crores.
This is India's maiden REIT pre-IPO round.
The Firm assisted JM Financial (and its clients) on the negotiation and finalization of the transaction documents for the investment.
Khaitan & Co advised Jefferies India and IIFL Capital Inc. on the secondary sale of equity shares held by TPG Asia in Sai Life Sciences Ltd, through a block sale, for a total consideration of INR 1,505 crores.
Khaitan & Co advised Mahaveer Finance India Limited on its Series C funding from Elevation Capital, through which the latter acquired a minority stake in the company. The round also saw participation from First Bridge Investment Managers (P) Ltd and BanyanTree Private Equity.
Khaitan & Co advised TVS Capital on its investment in Saarathi Finance and Credit Pvt Ltd’s INR 475 crores Series A funding round, which was led by TVS Capital, Paragon Partners, Lok Capital, and Evolvence India.
