Syrma SGS Technology Limited - Acquisition of the entire paid-up share capital of Elcome Integrated Systems Private Limited and the indirect acquisition of the entire paid-up share capital of Navicom Technology International Private Limited
Khaitan & Co advised Syrma SGS Technology Ltd ("Syrma") in relation to: (a) the acquisition of the entire paid-up share capital of Elcome Integrated Systems Pvt Ltd ("Elcome") by Syrma, in four tranches, such that Syrma will acquire 60% of the total paid-up share capital of Elcome for an aggregate consideration of ~INR 235,00,00,000 in the first tranche, which will be invested by way of a mix of primary and secondary investment, and the remaining 40% will be acquired in four different tranches.