DSK Legal advised Ceres Foods Private Limited and its founder Deb Shankar Mukherjee on a major institutional fund raise. The transaction supports the expansion of MOI SOI, the rapidly growing pan-Asian food and beverage brand, and strengthens its future growth plans.
The Supreme Court has ended India’s first corporate class action by referring the Jindal Poly Films dispute to arbitration. The move has sparked concerns over whether the rights of nearly 40,000 public shareholders can be affected through a settlement involving a substituted petitioner.
CMS INDUSLAW advised Anveshan on its Rs.150 crore Series B fundraise led by Vertex Ventures and IFC Co-Invest, with participation from Swiggy co-founder Sriharsha Majety and existing investors. The funding round marks a significant milestone for Anveshan Farm Technologies, attracting strong investor interest and supporting the company’s future growth and expansion plans.
Reliance Industries has partnered with Meta to establish a 168-megawatt AI data centre in Jamnagar, Gujarat, aimed at supporting Meta’s growing artificial intelligence and computing requirements. Khaitan & Co advised Reliance on the landmark transaction, leading the legal advisory work.
S&A Law Offices advised AI Assets Holding Limited (AIAHL) on the successful sale and transfer of Mumbai’s iconic Air India Building at Nariman Point to the Government of Maharashtra through the Governor of Maharashtra. The landmark transaction was completed for a total consideration of Rs.1,601 crore, marking one of Mumbai’s most significant real estate deals in recent years.
Khaitan & Co successfully secured the acquittal of SKS Ispat & Power Limited and its directors in a CBI coal block allocation case before the Special Judge (PC Act), Rouse Avenue District Court, New Delhi. The court found insufficient evidence to sustain the charges.
Trilegal advised Infrastructure Yield Plus funds on the transfer of 100% shareholding in Kudgi Transmission to Anzen India Energy Yield Plus Trust. Kudgi Transmission operates a key Karnataka power transmission network supporting electricity evacuation from NTPC’s Kudgi Thermal Power Plant.
Elevation Capital V Limited sold equity shares of One97 Communications Limited (Paytm’s parent company) on the NSE and BSE for a total consideration of Rs.963.6 crore. Cyril Amarchand Mangaldas advised Elevation Capital and its affiliates as legal counsel for the transaction.
AZB & Partners advised Cleanmax Enviro Energy Solutions Limited and its subsidiary Clean Max Taurus Private Limited regarding Apple India Private Limited’s investment of up to 49% stake in Taurus.
Khaitan & Co, a leading Indian law firm, advised Vama Sundari Investments of the HCL Group on a major joint venture with Foxconn Hon Hai Technology India Mega Development Private Limited to support India’s expanding semiconductor ecosystem.
