Khaitan & Co advised TVS Holdings Ltd in relation to reclassification of T V Sundram Iyengar & Sons Pvt Ltd from Promoter category to public category as per the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Khaitan & Co advised the Broker i.e., Jefferies India Pvt Ltd in relation to the secondary sale of equity shares held by certain Promoter and Promoter Group and a public shareholder in Polycab India Ltd, on the floor of the stock exchange by way of a block sale, for a total consideration of INR 1,740 crores.
Khaitan & Co Acted as Indian legal counsel to the Book Running Lead Managers JM Financial Ltd, ICICI Securities Ltd, Jefferies India Pvt Ltd, Kotak Mahindra Capital Company Ltd and 360 One WAM Ltd in relation to initial public offering of 46,296,296 equity shares bearing face value of INR 10 each of Wework India Management Ltd aggregating to INR 29,996.43 million through an offer for sale by the promoter selling shareholder and the investor selling shareholder.
Khaitan & Co acted as Indian legal counsel to the issuer, Seshaasai Technologies Ltd and the promoter selling shareholders namely, Pragnyat Pravin Lalwani and Gautam Sampatraj Jain in relation to initial public offering (IPO) of equity shares by Seshaasai Technologies Ltd.
Khaitan & Co advised TruAlt Bioenergy Ltd in relation to their initial public offering of equity shares aggregating approximately INR 83,928 lakhs, which comprised of issuance of (i) a fresh issue of equity shares aggregating to INR 75,000 lakhs; and (ii) offer for sale by the Promoter Group Selling Shareholders aggregating to INR 8,928 lakhs. The IPO was oversubscribed by 74.50 times, with the retail investors’ portion being oversubscribed by 10.62 times, the QIB portion being oversubscribed by 165.15 times and the NII portion being oversubscribed by 102.67 times.
The apex court vide judgment dated 1 September 2025 in SLP (C) No.
Khaitan & Co acted as legal counsel the book running lead managers (Axis Capital Ltd, Motilal Oswal Investment Advisors Ltd and Nuvama Wealth Management Ltd) as to Indian law in connection with the draft red herring prospectus filed by Sterlite Electric Ltd (formerly known as Sterlite Power Transmission Ltd) in relation to its proposed initial public offering of equity shares, consisting of a fresh issue and an offer for sale aggregating up to INR 1500 crores.
Khaitan & Co acted as legal counsel to the Company and the Selling Shareholders as to Indian Law in the initial public offering of equity shares of Kusumgar Limited, comprising of an offer for sale of Equity Shares by the Selling Shareholders aggregating up to INR 6,500 million.
Khaitan & Co acted as the Indian legal counsel to the Book Running Lead Managers i.e., JM Financial Ltd, Axis Capital Ltd and DAM Capital Advisors ltd in the initial public offering of equity shares of Vishvaraj Environment Ltd aggregating upto INR 22,500 million comprising of a fresh issue of INR 12,500 million and offer for sale by the Promoter Selling Shareholder of upto INR 10,000 million.
Khaitan & Co advised UltraTech Cement Ltd (the "Promoter") and JM Financial Institutional Securities Ltd (Broker) in relation to the sale of 1,82,47,148 equity shares of The India Cements Ltd through an Offer for Sale of Equity Shares by the Promoter through the stock exchange mechanism aggregating to INR 718.26 crores.
