{"id":296896,"date":"2023-07-15T13:00:45","date_gmt":"2023-07-15T07:30:45","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=296896"},"modified":"2023-07-15T13:06:21","modified_gmt":"2023-07-15T07:36:21","slug":"khaitan-co-advises-and-assisted-e-con-systems-india-private-limited-and-its-promoters","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/07\/15\/khaitan-co-advises-and-assisted-e-con-systems-india-private-limited-and-its-promoters\/","title":{"rendered":"Khaitan &amp; Co advises and assisted E-Con Systems India Private Limited and its promoters"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"text-align: center; font-weight: bold; font-size: 14.0pt; margin-bottom: 3%;\">DEAL DETAILS<\/p>\n<p style=\"font-weight: bold; margin-bottom: 2%;\">E-Con Systems India Private Limited | Sale of stake<\/p>\n<p style=\"margin-bottom: 3%;\">Khaitan &amp; Co advised and assisted E-Con Systems India Private Limited and its promoters in relation to an investment by GR 2022 Holdings Inc by way of primary issuance of securities and secondary stake sale for a total consideration of approx. USD 13 million. We acted as the transaction counsel and assisted and advised the Client on (i) structuring of the transaction, (ii) conducting vendor due diligence on the Client and (iii) drafting, reviewing, negotiating and finalising the transaction documents.<\/p>\n<p style=\"margin-bottom: 3%;\">The core team led by Vivek Sriram (Partner) consisted of Prithwijit Gangopadhyay (Partner), Sruti Baid (Principal Associate), Karishma Sethia (Associate) and Vibhav Seth (Associate) with assistance from the following:<\/p>\n<p style=\"margin-bottom: 3%;\">Employment aspects.: Anshul Prakash (Partner) and Abhimanyu Pal (Principal Associate)<\/p>\n<p style=\"margin-bottom: 3%;\">Intellectual Property aspects.: Shailendra Bhandare (Partner) and Sourav Dan (Principal Associate)<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DEAL DETAILS E-Con Systems India Private Limited | Sale of stake Khaitan &amp; Co advised and assisted E-Con Systems India Private Limited <\/p>\n","protected":false},"author":8808,"featured_media":296897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[50442,59357,6791,19321,59358],"class_list":["post-296896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-deal-details","tag-e-con-systems","tag-khaitan-co","tag-law-firms","tag-sale-of-stake"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Khaitan &amp; 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