Select Acquisition, Amalgamation and Takeover transactions advised by our Firm in recent years

  • Acquisition Transactions
  • Advised Bombay Mineral Limited and Cura Global Holdings Limited with respect to their acquisition of 25.52% equity shares of the target company, Orient Abrasives Limited resulting in an open offer post which their shareholding in the Target company exceeds 67%.

    Advised Tosoh Corporation with respect to their acquisition of 100% shares of Lilac Medicare Private Limited.

    Advised Shandong RuYi Science and Technology Group Co Ltd in its investment on a joint venture basis in the Textile division of Reliance Industries Limited (under the Brand "Vimal").

    Advised Mahindra Engineering & Chemical Products Limited in transfer of its shareholding of 42.5% in Mahindra Conveyor Systems Private Limited to Tsubakimoto Chain Co.

    Advised GloboPlc UK with respect to its acquisition of 100% shares of SourceBits Technologies Private Limited and SoucreBits Inc., US, wholly owned subsidiary of SourceBits PTE Limited.

    Advised Outsourcing Inc. with respect to the acquisition of 51% securities of ALP.

    Advised Sellers with respect to sale of 70% of their equity stake in Evolis Card Printer India Private Limited to Evolis Card Printer SA, France.

    Advised Uttam Galva in acquiring 51.99% stake in Lloyds Steels Industries Limited and the subsequent open offer.

    Advised the acquirers to buy out their existing joint venture partners of Anupam Rasayan (India) Limited and Rehash IRC Private Limited.

    Advised Aurionpro Solutions Limited in selling its subsidiary E2E Infotech Limited, UK to CameronTecIntressenter AB, Sweden.

    Advised Milestone in selling 50% of its stake in Milestone Religare Fund to Quadria Capital.

    Advised Sky City Foundation Private Limited in acquiring of 42.7 percent stake of STel Private Limited from Bahrain Telecom.

    Advised Sezal Glass Limited in sale of its float glass division to Saint–Gobain India Private Limited.

    Advised the promoters of Conmat Systems Private Limited in selling 50% of their stake in the company, to KYB Corporation, Japan.

    Advised the promoters and shareholders of Indiagames Limited in selling a total of 30.2% of their stake in the company to Walt Disney Company (acting through its subsidiary UTV Software Communications Limited).

    Advised Classic Stripes Private Limited in acquiring the entire stake of Modagraphics, Inc., through its wholly owned subsidiary Classic Stripes, Inc., US.

    Advised Cytec Industries Inc. in acquiring the manufacturing assets of Star Orechem International Private Limited.

    Advised Alkem Laboratories Limited in acquiring 80% stake of Enzene Biosciences Private Limited.

    Advised Sellers with respect to sale of their stake in Momentum Infocare Private Limited to Ricoh India Limited, subsidiary of Ricoh Japan.

    Advised Supreme Infrastructure BOT Private Limited in acquiring the entire stake of Ram Infrastructure Private Limited.

    Advised APL Apollo Tubles Limited in acquiring the entire 100% stake of Lloyds Line Pipes Limited.

    Advised Lupin Limited and its associates in acquiring Generic Health Pty Limited, Australia, Multicare Pharmaceuticals Philippines Inc, Philippines & Max Pharma Pty Limited, Australia.

    Advised the promoters of Mudra Lifestyle Limited for an investment cum takeover transaction with E-Land Fashion China Holdings Limited.

    Advised the Acquirer in acquiring Starcom Information Technology Limited and the subsequent takeover of the Company through open offer.

    Advised the promoters of Zero Waste Agro Organics Private Limitedin in selling 51% of their stake in the company, to Rallis India, a subsidiary of Tata Chemicals.

    Advised Biyani Capital Resources LLP in acquiring Laila Hotels & Resorts Private Limited and Kohli Constructions Company Private Limited.

    Advised Glodyne Technoserve Inc, US (a subsidiary of Glodyne Technoserve Limited) in acquiring Decision One Corporation in USA.

    Advised Future Capital Holdings Limited in acquiring Black Diamond Finance Limited.

    Advised Marksons Pharma Limited in acquiring Relonchem Limited through Marksans Pharma Limited, UK.

    Advised Cranes Software International Limited (acting through its German subsidiary) in acquiring Cubeware GmbH, Germany.

    Advised K S Oil Limited in acquiring the business undertaking of Ambo Agro Products Limited.

  • Amalgamation/Demerger Transactions
  • Advised on the Scheme of Arrangement and reverse listing of Prozone Capital Shopping Centres Limited by Provogue (India) Limited and Prozone Enterprises Private Limited through transfer of its assets and liabilities.

    Advised on transfer of assets and liabilities of Essar Telecom Infrastructure Holdings Overseas Private Limited to Imperial Consultant and Securities Private Limited through the court amalgamation process.

    Advised on the merger of Essar Investment Limited with Imperial Consultant and Securities Private Limited through the transfer of its assets and liabilities.

    Advised on the amalgamation of ETHL Communication Holding Limited and ETHL Communication Holding Limited with India Securities Limited.

  • Takeover Transactions
  • Advised Uttam Galva in acquiring 51.99% stake in Lloyds Steels Industries Limited and the subsequent open offer.

    Advised the promoters of Mudra Lifestyle Limited for an investment cum takeover transaction with E-Land Fashion China Holdings Limited.

    Advised an individual in acquiring the shares of Starcom Information Technology Limited and the subsequent takeover of the Company through open offer.

Select Private Equity / Private Investment in Public Equity transactions advised by our Firm in recent years

  • Private Equity Transactions
  • Advised La Renon Healthcare Private Limited with respect to the investment by Sequoia Capital India Investments IV.

    Advised Dutch social investor Oikocredit and Norway’s Norwegian Microfinance Initiative (NMI) with respect to their investment in Rashtriya Gramin Vikas Nidhi (North East) Microfinance Ltd (RGVNMFL).

    Advised Belgian Investment Company for Developing Countries SA and OIKOCREDIT Ecumenical Development Co-Operative Society U.A. in relation to their investment in Fusion Microfinance Private Limited.

    Advised Sansera Engineering Private Limited on the investment procured from Citi Venture Capital International (CVCI).

    Advised Kolar Gold Resources Limited, a company established under the Laws of Mauritius, and a wholly owned subsidiary of Kolar Gold Limited, established in Guernsey with its shares listed on the AIM Board of the London Stock Exchange, with respect to its investment in Geomysore Services (India) Private Limited.

    Advised Motilal Oswal Private Equity and IDFC Fund with respect to their respective investments in GR Infraprojects Limited.

    Advised Motilal Oswal Private Equity with respect to its investment in Magicrete Building Solutions Private Limited.

    Advised Parag Milk Foods Private Limited on the investment procured from IDFC Private Equity Fund.

    Advised Classic Stripes Private Limited on the investment procured from Navis Capital.

    Advised Hoary Realty Limited a subsidiary of Hubtown Limited on investment procured from Red Fort Capital.

    Advised Motilal Oswal Private Equity with respect to its investment in Minda Industries Limited.

    Advised Pashli Limited (Cyprus) and Milestone Development Limited (Mauritius) with respect to their respective investments in Richa India Infra Development Private Limited.

    Advised Systematix Venture Capital Trust (a Real Estate Fund) in acquiring 50% stake of Unicorn Infra Projects & Estates Private Limited and DDPL Global Infrastructure Private Limited for their project in Naigaon, Mumbai.

    Advised Motilal Oswal Private Equity with respect to partial sale and exit from Au Financiers (India) Private Limited by sale of part of its stake to Redwood Investment Ltd (a Warburg Pincus managed fund) and Labh Investments Limited.

    Advised Milestone Real Estate Fund with respect to its investments in Ramaniyam group of companies.

    Advised Sai Sudhir Infrastructure Limited in procuring investment from GEEMF III Holdings MU.

    Advised Supreme Infrastructure India Limited in procuring investment from 3i India Infrastructure Fund for a minority stake in SIBHPL, a portfolio of BOT (build, operate & transfer) road projects of Supreme Infrastructure India Ltd (SIIL), a mid-size EPC contractor.

    Advised Clean Max Enviro Energy Solutions Private Limited in procuring investment from Bessemer Venture Partners.

    Advised Motilal Oswal Private Equity with respect to purchase of the stake of Bectors Food Specialties Limited from Jade Dragon (Mauritius) Limited.

  • PIPE Transactions
  • Advised Bombay Minerals Limited with respect to its investment in Orient Abrasive Limited.

    Advised Natco Pharma Limited and its Promoters in the issuance of shares to CX Securities Limited on preferential allotment basis.

    Advised Solar Industries India Limited in procuring investment from Oman India Joint Investment Fund.

    Advised Karuturi Global Limited in procuring investment from Tara India Holdings A Limited, IL&FS Trust Company Limited and IL&FS Trust Company Limited.

    Advised Motilal Oswal Private Equity with respect to its investment in Minda Industries Limited.

    Advised Nectar Lifesciences Limited in procuring investment from New Silk Route (NSR).

    Advised Glodyne Technoserve Limited in procuring investment from Cerberus Partners, L.P, Mutual Quest Fund, Mutual Beacon Fund, Mutual Global Discovery Fund and others.

    Advised Solar Industries India Limited in procuring investment from Oman India Joint Investment Fund.

    Advised Kemrock Industries & Exports Limited in procuring investment from RPM International Inc, USA, Clarita International Company.

    Advised K S Oils Limited for procuring investments from New Silk Route, Baring Private Equity & CitiGroup.

    Advised Jai Balaji Industries Limited in procuring investments from CitiGroup and India Equity Partners (Hudson Equity).

    Advised Globe Capital Market Limited in procuring investments from Citigroup & Indian Equity Partners (through Hudson Equity Holdings Limited).

    Advised Deepak Fasteners Limited in procuring investment from Banyan tree Growth Capital LLC.

Select Capital Market transactions advised by our Firm in recent years

  • Domestic Capital Market Transactions
  • IPO: Advised

    • On Time Express Limited
    • Provogue (India) Limited
    • Take Solutions Limited
    • Claris Lifesciences
    • Supreme Infrastructure India Limited
    • Technofab Engineering Limited
    • Everest Kanto Cylinders Limited
    • Solar Explosives Limited
    • Pratibha Industries Limited
    • Vishwanathraj Sugar Industries Limited

    Rights Issue: Advised

    • Zee Media Corporation Limited
    • Sunshield Chemicals Limited
    • Foods & Inns Limited
    • Greycells Entertainment Limited
    • Denis Chem Lab Limited

    QIP: Advised

    • J Kumar Infraprojects Limited
    • Exide Industries
    • J Kumar, Financial Technologies
    • Uttam Galva Steels Limited
    • Pratibha Industries
    • Natco Pharma Limited
    • Ackruti City Limited (now Hubtown Limited)

  • International Capital Market Transactions
  • GDR Issue: Advised

    • Zee Learn
    • Welspun Corp
    • Rainbow Papers
    • Hinduja Founderies
    • Nectar Lifescience
    • Essar Oil
    • Indusind Bank

    FCCB Issue: Advised

    • Flexituff Limited
    • Mercator Limited
    • Essar Oil
    • Gati Limited
    • Vivimed Labs
    • Mascon Global
    • Praksah Industries

Select Projects / Project Finance Transactions advised by our Firm in recent years

  • Select Transactions
  • Advised Supreme Infrastructure India Limited regarding four laning of Panvel Indapur section of National Highway-17 from km 0.000 to km 84.000.

    Advised Metrolink Express for Gandhinagar & Ahmedabad Company Limited in relation to Metro Rail Link Express from Gandhinagar to Ahmedabad.

    Advised L&T Interstate Road Corridor Limited on project related finance agreements for four-laning of the 76-km Palanpur and Swaroopgunj stretch located on the East-West Corridor on NH-14, linking Gujarat and Rajasthan.

    Advised Supreme Infrastructure India Limited construction of elevated metro stations for Navi Mumbai metro line No-01.

    Advised Visakha Container Terminal (Private) Limited on project related finance agreements to part finance establishment of the Container Terminal at Visakhapatnam.

    Advised Fleming Global Assets Limited (Owner/ Lesser as well as) on project related finance agreements wherein Fleming purchased an Aircraft Bombardier model Global 5000 fitted with two Rolls Royce Engines; Fleming availed a loan from Citibank U.K to purchase the Aircraft.

    Advised Supreme Infrastructure India Limited regarding four laning of Ahmednagar Karmala Tembhurni road of SH 141 km 80/600 to 140/080 total length 61.71 km in Sholapur district.

    Advised Konark Gujrat Private Limited on equity documents in relation to the project for establishment of Solar Photovoltaic Grid Interactive Power Station at Shivlakha Village in Bachau in Kutchh, in the State of Gujarat comprising 10 units with an individual installed capacity of 500 KW and a total installed capacity of 5MW.

    Advised DB Schenker Rail Automotive Gmb (DB) in relation to a proposed bid by DB for entering in to an agreement with the Indian Railways in terms of the Automobile Freight Train Operator (AFTO) Scheme.

    Advised Piramal Road Infra Private Limited in relation to four laning of Rohtak - Hissar section of national highway (NH) 10 from Km 87 to Km. 170.000 including building a connecting link from Km 87.00 (NH 10) to Km 348.000 (NH-71).

    Advised Vishvaraj Environment Private Limited in relation to the management of the entire water supply system of the city of Nagpur through Public Private Partnership named as "24 x7 Water Supply Project For Nagpur City."

    Advised Supreme Infrastructure India Limited in relation to six laning of Jaipur Ring Road from Ajmer Road to Agra Road Section at Jaipur in the State of Rajasthan.

    Advised Supreme Infrastructure India Limited for strategic investment in SPML Bhiwandi Water Supply Infra Limited in relation to the project for supply, development and management of independent water source, augmentation of existing water supply scheme up to and including service reservoirs in the area of Bhiwandi-Nizampur City Municipal Corporation.

    Advised Supreme Infrastructure India Limited in relation to performance of the project for construction, operation, and maintenance and handing over of funicular railway system at Haji Malang Gad at Ambernath, Distrct Thane, Maharashtra.

    Advised ZebaSolar Gujarat Private Limited on equity documents, project document and the debt part in relation to the 10 MW Photovoltaic Solar Power Plant in Gujarat.

    Advised Hindustan Platinum Private Limited to sell the wind energy generated by LLP to the Partnership Firm being the captive consumer.

Select Corporate / Commercial Litigation and Arbitration matters where our Firm acted as counsel in recent years

  • Select Matters / Commercial Litigation and Arbitration
  • Representing Loop Mobile India Limited in a Writ Petition before the High Court at Bombay, challenging the imposition of one time spectrum charges with retrospective effect by Ministry of Telecommunication through Department of Telecommunication.

    Represented high net worth individuals in an Appeal before the Securities Appellate Tribunal (SAT), at Mumbai, against an order passed by the Securities and Exchange Board of India (SEBI) imposing monetary penalty against our clients on charges of front running and fraud; wherein SAT was pleased to set aside the SEBI orders.

    Represented S Tel (a Siva Group Company) against Vodafone Spacetel (a Vodafone Group Company) in respect of dispute between two service providers.

    Represented Maytas Rithwik (JV) in an Arbitration Petition against Konkan Railway Corporation Limited for seeking interim relief's before the High Court at Bombay.

    Represented Indiagames (now Walt Disney) against Wireless Developers Inc. (USA) in a proceedings challenging enforcement of foreign arbitral award before Indian Court.

    Representing Arshiya International in various dispute with its lenders before various forum.

    Other than above, we are also representing and advising various corporate houses with their commercial disputes and litigation such as Raymonds, MCX, Ingram Micro, Americorp Capital, Orchid Chemicals.

Nature of Documents / Transactions undertaken by our Firm with respect to our Real Estate and Wills practice

  • Nature of Documents / Transactions
  • Drafting conveyance documents for sale/purchase of residential flats commercial and retail premises for various individuals and corporates.

    Drafting Joint Development and Development Agreements for development of a property including Development under Regulations 33(5), 33(7) and 33(9) of the Development Control Regulations for builders and developers.

    Conveyance of Agricultural and Non-Agricultural Lands and other ancillary documents.

    Undertaking diligence of properties for Real Estate Funds and NBFC's for their investments in real estate. Structuring and preparing investment documents for such funds.

    Advising on Family Settlements and Arrangements and preparing necessary documents.

    Preparing Hotel Management Agreements and Franchise & Branding Agreement.

    Drafting documents with respect to Leave and License and Lease of premises for commercial, retail and residential.

    Structuring and formation of trusts both public and private

    Drafting Wills

Select List of clients represented in Structured Finance transactions

  • APSA Transactions
  • We have acted for various domestic sellers and overseas buyers with respect to APSA transactions funded by overseas banks against future exports. A select list of these clients include.

    • Liberty House (Over 1 Billion)
    • Essar Steel Limited
    • Jindal Group
    • Ruchi Power and Steel Industries Limited
    • Duferco Group

    We have represented transactions involving a sum of approximately USD 600 million.

  • Other Banking Finance Transactions
  • We have advised on various Banking Finance transactions. A select list of the clients represented by us in the last three years include.

    • Essar Group
    • Claris Life sciences Limited
    • Pratibha Industries Limited
    • Glodyne Technoserve Limited