Employment, Labour and Benefits
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employment_labour_benefits
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Antolin - Sale of Antolin India Entities to Shriram Pistons & Rings Limited
Khaitan & Co Advised Grupo Antolin on the Indian law aspects of the sale of three Indian companies (Grupo Antolin India Pvt Ltd, Antolin Lighting India Pvt Ltd, and Grupo Antolin Chakan Pvt Ltd) to Shriram Pistons & Rings Ltd for ~EUR 159 million.
The Firm provided end-to-end transaction support, including transaction structuring, documentation, negotiations, closing-related assistance, and regulatory advice.
Sensa Core Medical Instrumentation Private Limited - Fundraise from India Business Excellence Fund V
Khaitan & Co advised Sensa Core Medical Instrumentation Pvt Ltd and its promoters, in relation to the USD 72 million investment by Motilal Oswal Alternates. This transaction represents one of the largest minority investments in the diagnostic consumables segment.
Advent International - Sale of Encora Holdings to Coforge Limited
Khaitan & Co advised Advent International on the sale of Encora Holdings to Coforge Ltd at a value of USD 2.35 billion.
Labour Codes 2019/2020: Government releases FAQs
Ever since the labour codes – Code on Wages, 2019 (Wages Code), Code on Social Security, 2020 (SS Code), Industrial Relations Code, 2020 (IR Code), and Occupational Safety, Health and Working Conditions Code, 2020 (OSH Code) – have been brought into effect on and from 21 November 2025, the industry has been grappling with several questions, whether on definitions or on other substantive aspects.
Gujarat promulgates key ordinance to amend shops and establishments law
In a notable development, the Governor of Gujarat promulgated the Gujarat Shops and Establishments (Regulation of Employment and Conditions of Service) (Amendment) Ordinance, 2025 (Ordinance) through the Official Gazette on 16 December 2025.
BirlaNu Limited - Acquisition of the equity share capital of Clean Coats Private Limited
Khaitan & Co advised BirlaNu Ltd, a listed company of the CKA Birla Group, in relation to its 100% acquisition of the equity share capital of Clean Coats Pvt Ltd, for a cash consideration of up to INR 120,00,00,000 (Indian Rupees One Hundred and Twenty Crores).
The Firm acted as the legal counsel to BirlaNu for the entire transaction and conducted a legal due diligence on Clean Coats and advised on the transaction documents including the share purchase agreement, completion and regulatory and listed company aspects.
Siemens Limited -Sale and transfer of the low voltage motors and geared motors businesses to Innomotics India Private Limited
Khaitan & Co advised Siemens Ltd in relation to the sale and transfer of the low voltage motors and geared motors businesses, including the related customer service operations of Siemens Ltd to Innomotics India Pvt Ltd, a global leading provider of electric motors and large drive systems, as a going concern by way of a slump sale, for a consideration (enterprise value) of INR 2,200 crore, on a cash-free, debt-free basis, subject to mutually agreed adjustments.
PB Healthcare Services Private Limited - Acquisition of Neo Hospital (Muskan Medical Centre Private Limited)
Khaitan & Co advised India-based PB Healthcare Services Pvt Ltd, in relation to its acquisition of Noida-based Muskan Medical Centre Pvt Ltd (dba as Neo Hospital).
Wolters Kluwer Group | Divestment of Financial Risk and Reporting (FRR) Business by Wolters Kluwer Group to Regnology
Khaitan & Co assisted the Wolters Kluwer Group, a global leader in professional information, software, and services for the healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG sectors, on the divestment of their India Financial Risk and Regulatory Reporting (FRR) Business to Regnology Group GmbH.