pocket aces pictures


Saregama India Ltd | Acquisition of majority stake in Pocket Aces Pictures

Advised Saregama India Ltd in relation to acquisition of controlling stake in Pocket Aces Pictures Private Limited, through a mix of primary and secondary acquisition. Saregama India Limited will acquire upto 92.61% of the share capital of Pocket Aces (on a fully diluted basis), through multiple tranches.

The core transaction team consisted of Ashraya Rao (Partner), Unnita Bhattacharya (Principal Associate), Utsav Mitra (Associate), and Priyal Reddy (Associate) with assistance from Bhavya Bhankharia (Principal Associate) and Alankrita Singh (Associate). Sudhir Bassi (Executive Director) assisted on Securities Law aspects.

Diligence team comprised of the following:

Corporate: Akhil Wilson Thomas (Associate), Alankrita Singh (Associate)

Intellectual Property: Smriti Yadav (Partner), Reshma Vaidye Gupta (Principal Associate), Shubham Shende (Associate)

Employment Law aspects: Anshul Prakash (Partner), Abhishek Choudhury (Principal Associate) and Shreya Sukhtankar (Associate).

The Khaitan team was involved in the following: (i) acting as legal counsel to the Client for the overall transaction (including negotiating, drafting and reviewing the term sheet and definitive agreements); (ii) undertaking legal due diligence on the target; (iii) assisting with execution of the transaction documents.

Innovative feature:

Acquisition of controlling stake through purchase of a mix of equity and preference shares from multiple venture capital investors and founders.

Must Watch

maintenance to second wife

bail in false pretext of marriage

right to procreate of convict

Criminology, Penology and Victimology book release

Join the discussion

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.