Khaitan & Co advised Balaji Wafers Pvt Ltd and its promoters on the proposed strategic investment by General Atlantic in Balaji Wafers.
This transaction represents a strategic minority investment by General Atlantic in one of India’s leading home-grown packaged snacks platforms.
Khaitan & Co advised Sunteck Realty Ltd in its proposed strategic acquisition of Shreejikrupa Hotels and Properties Pvt Ltd through its WOS Apricum Buildwell Pvt Ltd.
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.
Khaitan & Co advised Mr Shailendra Ajmera, the resolution professional (“RP”) of Supertech ORB Project Pvt Ltd (“Company”) along with Ernst & Young LLP, the Insolvency Professional Entity assisting the RP during the corporate insolvency resolution process of the Company (“CIRP”) which commenced on 13 October 2023 pursuant to the order passed by the Hon’ble National Company Law Tribunal, Allahabad (“Adjudicating Authority”).
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).
Khaitan & Co advised Axis Commercial Real Estate Fund and Tishman Speyer on their strategic partnership with Kasturi Housing to jointly develop a Grade-A commercial and IT office project in Balewadi, Pune.
Khaitan & Co advised Brookfield Asset Management on the sale of Arliga Ecoworld Business Parks Pvt Ltd to Brookfield India REIT for USD 1.5 billion. This is the largest transaction involving a Real Estate Trust in India till date.
Khaitan & Co advised Reliance Consumer Products Ltd in their majority acquisition of Naturedge Beverages Pvt Ltd through a combination of primary and secondary purchase.
Nishant Arora is a Partner in the Real Estate practice group. Prior to joining the Firm, Nishant was a partner in Real Estate & Constrution practice at Kochhar & Co. (New Delhi).
Khaitan & Co advised a hotel owner in relation to the operation and management of a proposed hotel having about 120 keys under the brand of 'Spark by Hilton'.
The brand 'Spark by Hilton’ is a premium economy hotel brand of Hilton Hotels and is presently licensed for management in India to ‘Olive by Embassy’. This deal marks the entry of Olive by Embassy in the Pune hospitality market.
