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The transaction involves the upfront acquisition of a majority stake in Innovist through an all-cash secondary purchase of shares from its promoter and existing shareholders.
Khaitan & Co. advised Anarock Property Consultants Limited on its acquisition of a majority stake in DSP Design Associates Private Limited, with a multidisciplinary team handling legal due diligence across key practice areas.
Khaitan & Co. advised Iconic Property Developers Private Limited, a wholly owned subsidiary of Suraj Estate Developers Limited, on the redevelopment of two co-operative housing societies in Mahim, Mumbai, comprising 90 members across approximately 2,942 square metres.
The Firm conducted a comprehensive review of the Company’s legal, regulatory and operational matters and prepared the vendor due diligence report which included an assessment of the key legal risks and considerations relating to the Company and its business.
DEAL DETAILS SIDBI Venture Capital Limited | Investment in Digantara Research and Technologies Private Limited Khaitan & Co advised SIDBI Venture Capital