Khaitan & Co Advised JK Tyre & Industries On ₹40 Billion Merger With Cavendish Industries

Khaitan & Co Advised JK Tyre & Industries On ₹40 Billion Merger With Cavendish Industries

Khaitan & Co advised JK Tyre & Industries Ltd. on the merger of Cavendish Industries into JK Tyre through a Scheme of Amalgamation, aggregating to INR 40 billion.

JK Tyre & Industries is engaged in the development, manufacturing, marketing, and distribution of automotive tyres, tubes, flaps, and retreads. Similarly, Cavendish Industries focuses on developing, manufacturing, marketing, and distributing automotive tyres, tubes, and flaps.

The core team at Khaitan & Co comprised Partners Mehul Shah and Pashupati Nath, along with Principal Associate Jamsheed Dadachanji, Senior Associate Amit Panwar, and Associate Hiren Kukreja.

They received assistance from Executive Director Bhavin Vora (Direct Tax) and Partner Anisha Chand (Competition).

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