Intellectual Property

Khaitan & Co advised JSW Paints Ltd in relation to a transaction for acquisition of a stake up to 74.76% in Akzo Nobel India Ltd (ANIL) from Akzo Nobel N.V. and its affiliates for a consideration of ~INR 9,403 crores, subject to certain closing adjustments ("Proposed Transaction"). The Proposed Transaction is subject to the approval of the Competition Commission of India and the completion of a mandatory tender offer to the public shareholders of ANIL. 

Khaitan & Co advised SLK Software Pvt Ltd (“SLK”) and its promoters on its acquisition by TPG backed Altimetrik. The transaction closure is subject to customary conditions. 

The Firm advised on the deal structuring process, vendor legal due diligence, drafting, negotiation and finalization of definitive documents.

Khaitan & Co represented Mahyco before the Bombay High Court in securing ad-interim injunctive relief and dismissal of an application to vacate ad-interim injunctive relief against Seamons Seeds in a trademark infringement and passing off suit in respect of the mark “Bahubali”. Following the ad-interim order, raids were conducted across multiple locations in Gujarat and infringing goods were seized.

Khaitan & Co advised Knest Manufacturers LLP on an INR 300 crores primary investment by Lighthouse India Fund IV AIF.

Khaitan & Co advised JK Cement Ltd in relation to completion of its acquisition of 60% of the paid-up share capital of Saifco Cements Pvt Ltd by way of purchase of equity shares from the existing shareholders of Saifco, and subscription to fresh equity shares to be issued by Saifco to JK Cement Ltd, for which the transaction documents were executed in January 2025.

This transaction marks the entry of one of the biggest national cement players – JK Cement Ltd, in the region of Jammu and Kashmir, and is the first joint venture of the region in the cement sector.

Khaitan & Co advised and assisted IFB Agro Industries Ltd on the proposed acquisition of the entire commercial compound shrimp feed and freshwater fish feed business of Cargill India Pvt Ltd as a going concern on a slump sale basis, along with its manufacturing facilities located at Vijayawada and Rajahmundry in Andhra Pradesh, subject to the terms of the definitive agreements.

Khaitan & Co advised Deserve India on its India-level restructuring and the transfer of assets, from Deserve India to Intuit India. This transaction was part of a larger global acquisition where Intuit Inc., an American multinational fintech company, acquired key technology from Deserve, Inc., a mobile-first credit card platform.