Khaitan & Co advised Anarock Property Consultants Ltd, on the filing of the draft red herring prospectus for its proposed initial public offering aggregating up to INR 10,000.00 million.
Khaitan & Co advised RR Kabel on its acquisition of the business of manufacture and sale of Optical Fibre and related cables (“Business Undertaking”) from the U M Cables Ltd (Seller),a wholly owned subsidiary of a listed entity (Usha Martin Limited), by way of a slump sale.
Khaitan & Co advised Autodesk on the Indian law aspects on its acquisition of select technology assets and intellectual property from BIMDeX, together with the hiring of a subset of the BIMDeX team in India.
Khaitan & Co advised ABC Impact, a division of Temasek Trust Asset Management and a shareholder of Health Care at Home India (HCAH), in connection with the proposed combination of the patient support programme businesses of HCAH and QMS Medical Allied Services Ltd (QMS) through a composite scheme of arrangement.
Khaitan & Co advised Aditya Birla Digital Fashion Ventures Ltd ("ABDFVL"), a wholly owned subsidiary of Aditya Birla Fashion and Retail Ltd on the acquisition of 15.62% equity stake in Imperial Online Services Pvt Ltd (“Urbano Fashion”) from its promoters, Naheed Muqeetulla, Mohammad Saadulla, Sameer Masarath and Mohammed Naveedulla by way of share purchase.
Khaitan & Co advised PricewaterhouseCoopers Services (PwC US) on the formation of a joint venture between PwC India and PwC US. The joint venture will unite PwC India's Consulting business and PwC US Advisory's India-based capabilities into a single, integrated platform to serve clients in India, the US, and around the world. The combined platform spans the full spectrum of client needs — from strategy and transformation through technology, engineering, and AI.
New Delhi: Khaitan & Co, which represented the BC Jindal Group in proceedings relating to foreign remittances by its entities stated that the Enforcement Directorate (ED), following the adjudication proceedings under Section 16 of Foreign Exchange Management Act (FEMA), has concluded that no substantive contravention under the overseas investment regime was made out against the Group.
Khaitan & Co advised Beams Fintech Fund on its investment in Business Nextgen Finance Pvt Ltd (BNF) as part of BNF’s INR 215 crores equity fundraise.
Khaitan & Co advised Advent International on its investment of INR 3,150 crores in Yatharth Hospital & Trauma Care Services Ltd, a listed company and a leading multi-speciality healthcare platform headquartered in NCR.
Khaitan & Co advised Amplifon Nederland B.V. (a wholly owned subsidiary of Amplifon S.p.A., an Italian company headquartered in Milan and listed on the Borsa Italiana) on the sale of Amplifon (India) Pvt Ltd, which operates audiology diagnostic centres and hearing care clinics in India, to Hearing Solutions Pvt Ltd, by way of a secondary sale of securities.
