Deal News
S&A Law Offices Strengthens Talent Pool With 14 Fresh Graduates From Top Law Universities
S&A Law Offices has announced the induction of 14 exceptional freshers from prestigious law universities, marking a significant milestone for the firm's commitment to nurturing legal talent and reinforcing its position as a leading legal services provider. S&A Law Offices embarked on an extensive search for the most promising legal minds across the country this year through campus recruitment. These young legal professionals have demonstrated exceptional academic achievements, a...
Luthra And Luthra Advises Investment Fund For Developing Countries (IFU) For Investment In Arohan Financial Services Limited
Luthra and Luthra advised Investment Fund for Developing Countries (IFU) in connection with its investment in Arohan Financial Services Limited (Company) through primary issuance of equity securities in the Company.Arohan Financial Services is a leading microfinance institution in India spread across 15 states having a focus on low-income households that have limited or no access to formal financial institutions.IFU through Danish SDG Investment Fund (SDG) a Danish public private partnership...
Luthra And Luthra Advised The Consortium Of Lenders In Invit Financing Transaction
Luthra And Luthra advised and acted for consortium of lenders in connection with financial assistance sanctioned to Oriental Infra Trust (acting through its trustee, i.e. Axis Trustee Services Limited) (“Borrower” / “InvIT”), for the purpose of partly refinancing its existing secured indebtedness and onward lending to its subsidiaries inter aliato partly refinance such subsidiaries’ existing debt.The transaction team consisted of Girish Rawat (Partner), Varun Chauhan (Managing Associate), Radha...
Luthra And Luthra Law Offices India Advised Silveredge Technologies Private Limited
The Firm advised and acted for Silveredge as the buyer’s counsel and assisted on structuring the transaction, conducting a legal due diligence of Vidgyor, negotiating, finalization and execution of the transaction documents. The Firm assisted in the closing of the Transaction and is also involved in the completion of the post-closing formalities to ensure a seamless transition.The transaction team consisted of Partner, Mr. Nishant Singh; Managing Associate, Mr. Nikhil Bhat; Associates – Ms....
Luthra And Luthra Advised Capri Global On Acquisition Of 51% Stake In Car Selling Platform - CarLelo
The Firm represented Capri Global Holdings Private Limited (CGHL) the holding company of non-banking financial company, Capri Global Capital Ltd (CGCL) on acquisition of 51% stake in CarLelo Private Limited, which is operating a new car selling platform under the brand “CarLelo”.The principal team comprised of Partner, Mr. Girish Rawat ; Managing Associate, Ms. Shruti Barua ; Associates, Ms. Ranjini Ghosh and Ms. Priyamvada Sharma, and ably supported by Partner, Mr. Vipin Sharma.
Luthra And Luthra Advises Benetton India Towards Sale Of Industrial Building And Land To Conscient Infrastructure
Luthra And Luthra's Real Estate team advised Benetton India, in connection with sale of its industrial building & land measuring 6.6 acres in Gurugram to Conscient Infrastructure. Team advised Benetton India on the land title issues, past litigations & acquisition by State Government and drafted the transaction documents (agreement to sell, sale deed, indemnity letters etc.) along with negotiations with the buyer and regulatory advice.The entire transaction was handled by Ms. Manjul...
Argus Partners Advises Arkam Ventures On Their Investment In The Series A Funding Round Of Smartstaff
Argus Partners has advised Arkam Ventures on their investment in Qikwork Services Private Limited which owns and operates the blue-collar staffing platform, ‘Smartstaff’. Smartstaff has raised $6.2 million as a part of its Series A funding round.Apart from Arkam Ventues, the funding round also witnessed participation from Nexus Venture Partners, Blume Ventures and Alteria Capital. The services offered by Smartstaff include payroll management, compliance, instant salary advance, loans, leave...
Luthra And Luthra Advised Orchid Pharma With Its QIP Worth INR 400 Crores
The Firm’s Capital Markets team advised Orchid Pharma Limited, a Tamil Nadu based pharmaceutical manufacturing company, in connection with its qualified institutions placement of 9,902,705 equity shares aggregating to ₹400 crore. The lead managers to this QIP were Edelweiss Financial Services Limited and JM Financial Limited.The transaction team was led by Partner, Geeta Dhania, with due assistance from Senior Associate, Tripti Pandey, and Associates – Sakshi Mandal, Ridhi Jain, Shreeya...
Luthra And Luthra Advises TeamLease And Edelweiss In Connection With Buyback Of Equity Shares
Luthra And Luthra's capital markets team advised TeamLease Services Limited, a Bangalore based company engaged in the business of human resource and employment services (the “Company”) and Edelweiss Securities Limited (the “Manager to the Buyback”) in connection with the Company’s offer to buy back up to 3,27,869 fully paid-up equity shares of the Company of face value of ₹ 10 each, representing 1.92% of the equity shares in the existing total paid-up equity capital of the Company from all...
Saraf And Partners Acts On Sale By Fortis Healthcare Of Its Hospital Situated At Chennai To Kauvery Hospitals
Fortis Healthcare Limited has entered into a definitive agreement with Sri Kauvery Medical Care (India) Limited for sale of its hospital (together with its business operations) situated at Arcot Road, Vadapalani, Chennai, Tamil Nadu, for a consideration of USD 18.5 million/INR 152 crores.The Arcot Road Hospital which is located on leased premises currently has 110 operational beds with a potential to scale up to 200 beds.Saraf and Partners acted for Fortis Healthcare on all aspects of the deal...
Singhania & Partners And Pioneer Legal Assisted In Acquisition Of FutureproofAI By Blend 360
Singhania Partners LLP represented FutureproofAI, Inc., a provider of specialised technology consulting, in its recent acquisition by Blend360, LLC, a provider of data science solutions, with Dipak Rao (Senior Partner), Gunjan Gupta (Associate Partner), and Nishita Arora (Associate) serving as members of the transaction team.S&P LLP provided assistance and advisory on issues pertaining to FutureproofAI, Inc.'s Indian subsidiary (FutureproofAI India Private Limited), including but not limited...
Luthra And Luthra Advises AMP Energy On Its Investment Of Up To USD 250 Million
Luthra and Luthra Law Offices India (Firm) advised AMP Energy India Private Limited (AMPIN) in connection with its investment from Intermediate Capital Group PLC through its Singapore based affiliate fund Atlanta Investment Pte. Ltd. (ICG), Sumitomo Mitsui Banking Corporation (SMBC), and Asian Infrastructure Investment Bank (AIIB) of up to USD 250 million (approximately INR 20.6 billion) through primary issuance of equity securities.The transaction team comprised of Avirup Nag (Partner), Ankit...