Khaitan & Co Advised Reliance Industries Limited On 100% Acquisition Of Nauyaan Tradings Private Limited
Khaitan & Co Advised Reliance Industries Limited on 100% Acquisition of Nauyaan Tradings Private Limited
Khaitan & Co advised Reliance Industries Limited on its 100% acquisition of Nauyaan Tradings Private Limited from Welspun Tradings Limited, along with its agreement to acquire a 74% equity stake in Nauyaan Shipyard Private Limited from Welspun Corp Limited, for a total consideration of INR 382.73 crores.
The Firm’s role included legal due diligence, transaction structuring, drafting and negotiating of transaction documents, as well as execution and closing assistance.
The Khaitan & Co team advising on the transaction included: Core Team: Rahul Dutt (Partner), Purti Minawala (Partner), Shivam Tandon (Principal Associate), Harshita Mishra (Senior Associate), with assistance from Abhijeet Kamath (Senior Associate) and Samkit Jain (Associate); Real Estate Aspects: Harsh Parikh (Partner), Karan Dattani (Principal Associate).; IBC Aspects: Kumar Saurabh Singh (Partner), Ashwij Ramaiah (Principal Associate).
