Khaitan & Co represented Premji Invest on INR 300 crores investment, through its fund PI Opportunities Fund I Scheme II, in JS Auto Cast Foundry India Pvt Ltd ("Target"), a wholly owned step-down subsidiary of Bharat Forge Limited for a subscription of 23% stake in the Target.
Khaitan & Co advised funds managed by American Industrial Partners in connection with their entry into definitive documents for the sale of MolyCop Group to Tega Industries in partnership with funds managed by Apollo Global Management for an EV value of approx USD 1.45 Billion. MolyCop is a leading global supplier of grinding media for the mining industry.
Khaitan & Co acted as legal counsel to GEF Capital Partners in connection with its acquisition of a significant minority stake in Arya.ag, an integrated grain commerce and agritech platform, through a combination of primary and secondary investments aggregating ~USD 80 million.
Khaitan & Co advised and assisted Hoograjuli (Assam) Tea Company Ltd and Thakkar Estate & Properties LLP in structuring the framework for the development of premium project property at 5 Pretoria Street, Kolkata to be developed by a reputable developer PS Group Realty Pvt Ltd along with the vetting, finalisation and execution of all transaction documents in relation to such development.
Khaitan & Co advised Smartcoin Financials Pvt Ltd (Olyv) on their Series C round of funding of INR 207 crores from The Fundamentum Partnership – Fund II and SMBC Asia Rising Fund.
The Firm (a) advised on the structuring related aspects of the transaction; (b) assisted in the negotiation and finalisation of the transaction documents; and (c) conducted a vendor due diligence on Smartcoin Financials Pvt Ltd and its subsidiaries.
Khaitan & Co advised Premji Invest on leading the $30 million Series A funding round of Emversity (Beyond Odds Technologies Pvt Ltd), a higher-education embedded training and employability platform.
The Firm’s role included undertaking the legal due diligence, regulatory advisory, drafting and negotiation of transaction documents.
Khaitan & Co advised A&M Capital Europe in relation to the sale of its entire stake in the Ayesa Engineering Group (Ayesa) to Colliers International Group Inc (Colliers) for an estimated deal value of EUR 600 million. The transaction involved an indirect acquisition of Ayesa’s Indian subsidiary, Ayesa India Pvt Ltd (Ayesa India).
The Firm’s role included conducting the legal vendor due diligence on Ayesa India.
Khaitan & Co acted as legal advisors to ChrysCapital Advisors LLP (“ChrysCapital”) in relation to acquisition of a significant minority stake in Nash Industries by ChrysCapital.
Khaitan & Co advised Reliance Consumer Products Ltd on acquisition of a majority stake in Goodness Group Global Pty Ltd.
Khaitan & Co advised Reliance Consumer Products Ltd in relation to the acquisition of a majority stake in Udhaiyams Agro Foods Pvt Ltd, through a primary investment.
