Vector Line Capital - Investment in Tessolve
Khaitan & Co advised Vector Line Capital on its US$ 75 million investment in Tessolve Semiconductor Private Limited, a leading semiconductor engineering services company.
Funds
Inside GIFT City-Structure Regulation and Opportunity
Building a Robust Offshore Centre Onshore
NIIF - Set up of their second flagship infrastructure fund
Khaitan & Co advised NIIF on the first closing of NIIF Infrastructure Fund II (Fund), its second flagship infrastructure fund. The first closing was announced with aggregate commitments of INR 19,000 crores (~USD 2 billion). The milestone represents over 60% of the Fund’s INR 30,000 crores (~USD 3.2 billion) target size.
Aditya Birla Renewables Limited - Acquisition of Sprng Energy from Shell Overseas Investments B.V.
Khaitan & Co advised Aditya Birla Renewables Ltd on its acquisition of Sprng Energy from Shell Overseas Investments B.V., a wholly owned subsidiary of Shell plc. Valued at USD 1.8 billion, the transaction is among the largest transactions in India's renewable energy sector, reinforcing Aditya Birla Renewables' position in the country's clean energy transition.
SEBI Introduces ‘Inoperative Fund’ Framework to Facilitate Orderly Winding Up of AIFs and VCFs
SEBI through the circular HO/19/34/11(2)2026-AFD-POD1/I/13764/2026 dated 16 June 2026 (Circular) has issued guidelines for AIFs seeking ‘Inoperative Fund’ status.
Sundaram Alternate Assets Limited - Setting up of SA Real Estate Credit Fund V
Khaitan & Co acted as the sole legal counsel to Sundaram Alternate Assets Ltd in connection with the setup of SA Real Estate Credit Fund V, negotiating with key institutional investors for their investments in SA Real Estate Credit Fund V, and provided end-to-end assistance through to the final closing of Fund.