DEAL DETAILS
Unichem Laboratories Limited | Proposed acquisition of paid-up equity share capital by IPCA Laboratories Limited
Khaitan & Co advised Dr. Prakash A. Mody and Unichem Laboratories Limited in relation to proposed acquisition of 33.38% of the paid-up equity share capital of Unichem Laboratories Limited by IPCA Laboratories Limited from Dr. Prakash A. Mody for a total consideration of INR 1034.06 crores and up to INR 805.44 crores towards open offer. Transaction involves open offer by the Acquirer under the relevant provisions of SEBI (Substantial Acquisition of shares and Takeovers) Regulations, 2011.
The Firm was involved in advising on legal aspects of the transaction, negotiation and finalization of the documentation.
Core Team: Led by Bhavik Narsana (Partner) along with Shreya Mukherjee (Partner), Divakar Gupta (Principal Associate), Gaurav K Sharma (Associate), Rohan Suril Jhaveri (Associate) with assistance from the following:
SEBI regulatory: Arindam Ghosh (Partner), Shashank Patil (Principal Associate), Gaurang Mansinghka (Associate) assisted on securities law aspects and Shabnam Shaikh (Partner) assisted core team on employee stock options aspects.
Competition law: Anshuman Sakle (Partner), Tanveer Verma (Principal Associate), Rishabh Vohra (Associate) assisted on competition law aspects.
Real estate law: Abhiraj Gandhi (Partner), Karan Hitesh Dattani (Senior Associate), assisted on real estate law aspects.
