Khaitan & Co acted as legal counsel to JSW Energy Ltd for Indian law in relation to its qualified institutions placement of equity shares aggregating to INR 4,000 crores. The Book Running Lead Manager to the issue was Jefferies India Pvt Ltd.
Khaitan & Co advised the Broker - Goldman Sachs (India) Securities Pvt Ltd on the offer for sale of equity shares of Central Bank of India held by the President of India, acting through the Department of Financial Services, Ministry of Finance, Government of India by the stock exchange mechanism for a total consideration of INR 2,266.13 crores.
Khaitan & Co advised Just Climate LLP on its follow-on investment of INR 6.22 billion (c. USD 67.5 million) in Continuum Green Energy (following their previous investment of USD 150 million in September 2024).
In a commendable and proactive move, SEBI has issued two circulars dated 7 April 2026 (Circulars), granting targeted, one-time relaxations to market participants navigating the headwinds of ongoing geopolitical tensions.
On 23 March 2026, SEBI convened its 213th board meeting in Mumbai, announcing a series of key reforms aimed at addressing longstanding challenges faced by the Indian hybrid securities market.
Khaitan & Co advised Temasek in its follow-on investment in CureFit Healthcare Pvt Ltd, which operates the health and fitness platform ‘Cult.fit’ ahead of its proposed IPO. With this investment, Temasek's shareholding in the company increases to ~11.88% (subject to certain other criteria).
Khaitan & Co advised RSB Transmissions on its proposed acquisition of approximately 76% in Setco Auto Systems Pvt Ltd (SASPL) from Setco Automotive Ltd (SAL) and India Resurgence Fund (India RF), along with a further subscription by RSB at closing to support repayment of SASPL’s existing debt. The transaction closing is subject to customary consents and approvals.
Khaitan & Co advised VINCI Highways, a subsidiary of VINCI Concessions, in relation to 100% acquisition of the Safeway Concessions by Concessoc 41 (part of VINCI Concessions) from Macquarie Asia Infrastructure Fund 2, managed by Macquarie Asset Management. Safeway Concessions platform comprises of nine toll road assets across Andhra Pradesh and Gujarat, totalling nearly 700 km along with an integrated O&M entity. Completion is subject to customary conditions and regulatory approvals.
Khaitan & Co acted as the legal counsel to the book running lead managers (Kotak Mahindra Capital Company Ltd, Axis Capital Ltd, Goldman Sachs (India) Securities Pvt Ltd, Jefferies India Pvt Ltd, J.P.
Khaitan & Co advised the BRLMs on the IPO by the Blackstone owned and backed PGP Glass Ltd.
