Lakshmikumaran and Sridharan Attorneys (LKS) acted as legal advisors to Niine Private Limited for raising funds from angel investors, by way of issuing compulsory convertible preference shares of the company for expanding its business across India.
The team assisted and advised Niine Private Limited on the legal, regulatory, and direct tax facets of the transaction. This included activities like conducting legal due diligence of the company, preparing deal documentation such as share subscription agreement and shareholder’s agreement, conducting negotiations with the investors, and closure of the transaction.
Niine Private Limited is a company focused on women’s hygiene and menstrual health. They provide innovative, eco-friendly sanitary products and promote menstrual awareness through education and advocacy.
The LKS team was led by Mr. N. Mathivanan (Principal Partner) and Mr. S. Vasudevan (Executive Partner).
The LKS Corporate and M&A team consisted of Mr. Shivank Arora (Principal Associate), Ms. Sonali Srivastava (Principal Associate), Ms. Apurva Jain (Senior Associate), Mr. Pratham Soni (Senior Associate), Ms. Ayushi Aggarwal (Associate), Ms. Prachi Yadav (Associate) and Mr. Nehal Kharyal (Associate)
The LKS Direct Tax team consisted of Mr. Karanjot Singh (Associate Partner), Ms. Prachi Goel (Principal Associate) and Ms. Sanjhi Agarwal (Associate).
