Deal News

Khaitan & Co Advises RPG Life Sciences On API Business Carve-Out and InvAscent Investment
Khaitan & Co advised RPG Life Sciences Limited on the carve-out of its API business into RPG Active Pharma Limited and the subsequent investment by PE-investor InvAscentThe core team consisted of Haigreve Khaitan (Managing Partner), Shishir Jose Vayttaden (Partner), Aditi Singhvi (Partner) and Bhaskar Vishwajeet (Associate) with assistance from the following:Corporate: Purti Minawala (Partner), Sweta Rao (Counsel), Harshita Jajodia (Senior Associate), Henna Kapadia (Senior Associate) and...

Khaitan & Co Advises PwC US On Joint Venture With PwC India
Khaitan & Co has advised PricewaterhouseCoopers Services (PwC US) on the formation of a joint venture between PwC India and PwC US, which will unite PwC India's Consulting business and PwC US Advisory's India-based capabilities into a single, integrated platform to serve clients in India, the US and around the world.The combined platform will span the full spectrum of client needs, from strategy and transformation through technology, engineering and artificial intelligence.The transaction is...

Khaitan & Co Advises India Resurgence Fund On Acquisition Of Majority Stake In Fine Edge Engineering
Khaitan & Co has advised India Resurgence Fund (IndiaRF) on its acquisition of a significant majority stake in Fine Edge Engineering Private Limited, which houses the precision machined castings business of the Ashok Iron Works Group.The transaction was led by Partner Kartick Maheshwari, Partner Shantanu Gupta, Principal Associate Debottam Chattopadhyay, Principal Associate Ifrazunnisa Khan, Senior Associate Shruti Jaju and Associate Chaitanya Kishore Sunkara.The transaction also involved...

Samara Capital To Invest In Associated Road Carriers, Calyx Container Terminals To Build Integrated B2B Logistics Platform
Private equity firm Samara Capital has agreed to invest in Associated Road Carriers Limited (ARC) and Calyx Container Terminals Private Limited (Calyx), with the proposed transaction aimed at combining their domestic road transportation and EXIM logistics operations into an integrated B2B logistics platform.The two businesses recorded a combined revenue of approximately ₹2,140 crore in FY 2025-26, according to the companies.Completion of the transaction is subject to, among other conditions,...

Happiest Minds Technologies, ITC Infotech Enter Merger Framework; Khaitan & Co Advises on Transaction
Khaitan & Co advised and assisted Ashok Soota and Happiest Minds Technologies Limited (HMTL) in connection with the sale of Soota's approximately 22% shareholding in HMTL to ITC Infotech India Limited, a subsidiary of ITC Limited, and the proposed merger of HMTL with ITC Infotech India Limited.The transaction involves the sale of Soota's shareholding in HMTL and the parties entering into a merger framework agreement in relation to the proposed merger.Khaitan & Co advised Soota and HMTL...

Khaitan & Co advised Godrej Finance Limited (GFL) On Its acquisition Of Gold Loan business Of Kanakadurga Finance Limited
Khaitan & Co advised Godrej Finance Limited (GFL) on its acquisition of the gold loan business of Kanakadurga Finance Limited.This transaction marks Godrej's foray into the gold loan business, aimed at strengthening its presence in the consumer finance segment. The acquisition gives Godrej Capital immediate access to an established gold loan business with approximately Rs 280 crore in assets under management (AUM), a customer base of nearly 12,000, 54 branches across Andhra Pradesh, and a...

Dua Associates advises Odyssey Energy Solutions Procure VI Pvt. Ltd. on EUR 7 million ECB from BIO
Dua Associates advised Odyssey Energy Solutions Procure VI Pvt. Ltd. (“Odyssey”), a group entity of Odyssey Energy Solutions, Inc., in connection with the EUR 7 million external commercial borrowing (ECB) facility availed by it from the Belgian Investment Company for Developing Countries SA (“BIO”).Dua Associates' mandate encompassed advising Odyssey on the transaction, including the negotiation, finalisation and execution of the transaction documentation. The team advising on the transaction...

Kochhar & Co. Advises Investors On Strategic Acquisition Of Stake In Parklife Innovations Limited
Kochhar & Co. advised Natspo Industries Private Limited and its promoters (collectively, the “Investors”) on the acquisition of a significant minority stake in Parklife Innovations Limited, a company incorporated in England and engaged in the retail sale of sporting goods, fishing equipment, camping equipment, boats and bicycles.The transaction involved a secondary acquisition of shares from the existing shareholders of Parklife Innovations Limited, collectively representing about 20% of the...

Kochhar & Co. Advises Grip FIO Advisors LLP On Launch Of Grip PrimeYield– I, Category II AIF Scheme
Kochhar & Co. has advised Grip FIO Advisors LLP, the Investment Manager to Grip Fixed Income Opportunities Trust, in connection with the establishment and launch of Grip PrimeYield–I, a Category II Alternative Investment Fund (AIF) scheme.The Scheme is focused on investments in diversified debt and debt-related instruments, including non-convertible debentures, corporate bonds, structured credit instruments and securitised debt instruments, with an emphasis on investment-grade opportunities...

Gujarat High Court Upholds Land Acquisition For Mumbai-Ahmedabad Bullet Train Project; UNUC Legal LLP Represents NHSRCL
The Gujarat High Court has dismissed a writ petition challenging the land acquisition proceedings undertaken for the Mumbai-Ahmedabad High Speed Rail (Bullet Train) Project, thereby upholding the validity of the acquisition process.The petition questioned the legality of the land acquisition proceedings initiated for the project.The National High Speed Rail Corporation Limited (NHSRCL), as respondent, defended the acquisition process before the Court.Upon hearing the parties, the High Court...

Kochhar & Co. Advises NOVARGI Group On Joint Venture With CEREC Metalform In India
Kochhar & Co. advised NOVARGI Group, S.L., a Spain-headquartered engineering and EPC company specialising in modular process plants and industrial equipment for the energy and industrial sectors, in connection with its strategic joint venture with CEREC Metalform Private Limited.The joint venture brings together NOVARGI's engineering and project execution capabilities with CEREC Metalform's manufacturing expertise to establish a manufacturing platform in India for industrial equipment and...

Dua Associates Advises Piramal Finance Limited In Its Financing Of Nimbus Projects Limited
Dua Associates advised Piramal Finance Limited in connection with financing extended to (i) Nimbus Projects Limited and (ii) IITL-Nimbus The Palm Village for the development of the residential group housing project, Nimbus-The Palm Village, located in the Yamuna Expressway Industrial Development Area.The financing comprised facilities aggregating ₹250 crore, including ₹200 crore extended to Nimbus Projects Limited and ₹50 crore to IITL-Nimbus The Palm Village.The firm's mandate included...
