{"id":307833,"date":"2023-11-25T13:00:19","date_gmt":"2023-11-25T07:30:19","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=307833"},"modified":"2023-11-25T13:07:16","modified_gmt":"2023-11-25T07:37:16","slug":"khaitan-co-acts-as-the-legal-counsel-as-to-indian-law-for-gopal-snacks-ltd","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/11\/25\/khaitan-co-acts-as-the-legal-counsel-as-to-indian-law-for-gopal-snacks-ltd\/","title":{"rendered":"Khaitan &amp; Co acts as the legal counsel as to Indian Law for Gopal Snacks Limited and the Selling Shareholders in relation to the initial public offering"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"text-align: center; font-weight: bold; font-size: 16.0pt; margin-bottom: 3%;\">DEAL DETAILS<\/p>\n<table style=\"border-bottom-style: none; border-left-style: none; border-right-style: none; border-collapse: collapse; border-top-style: none; margin-left: 0.16mm; margin-right: auto; table-layout: auto; width: 198.84mm;\">\n<colgroup>\n<col width=\"751\"\/>\n<\/colgroup>\n<tbody>\n<tr>\n<td valign=\"top\" colspan=\"1\" style=\"background-color: #d3d3d3; border-bottom-width: 0.85pt; border-bottom-style: solid; border-bottom-color: #000000; border-left-width: 0.85pt; border-left-style: solid; border-left-color: #000000; border-right-width: 0.85pt; border-right-style: solid; border-right-color: #000000; border-top-width: 0.85pt; border-top-style: solid; border-top-color: #000000; padding-bottom: 0.69mm; padding-left: 0.69mm; padding-right: 0.69mm; padding-top: 0.69mm; vertical-align: top; width: 198.84mm;\">\n<p style=\"margin-bottom: 0.0mm; font-weight: bold; font-size: 11.0pt;\">Gopal Snacks Limited | Initial Public Offering<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-bottom: 3%;\">Khaitan &amp; Co acted as the legal counsel as to Indian Law for Gopal Snacks Limited (the &#8220;<span style=\"font-weight: bold;\">Company<\/span>&#8221;) and the Selling Shareholders in relation to the initial public offering consisting of an offer for Sale of such number of equity shares aggregating to INR 6,500 million.<\/p>\n<p style=\"margin-bottom: 3%;\"><span style=\"text-decoration: underline;\">Promoter Selling Shareholders<\/span> &#8211; Bipinbhai Vithalbhai Hadvani, Gopal Agriproducts Private Limited<\/p>\n<p style=\"margin-bottom: 3%;\"><span style=\"text-decoration: underline;\">Other Selling Shareholder<\/span> &#8211; Harsh Sureshkumar Shah<\/p>\n<p style=\"margin-bottom: 3%;\">The core team consisted of Sudhir Bassi (Executive Director), Thomas George (Partner), Suman Prabhu (Principal Associate), Poorvi M Jain (Senior Associate), Vaishnavi Gupta (Associate), Komal Israni (Associate) and Aadhya Singh (Associate).<\/p>\n<p style=\"margin-bottom: 3%;\">Gopal Snacks Limited is a fast-moving consumer goods company in India, offering a wide variety of savoury products under the brand &#8216;<span style=\"font-style: italic;\">Gopal<\/span>&#8217;, including ethnic snacks such as namkeen and gathiya, western snacks such as wafers, snack pellets and extruder snacks, and fast-moving consumer goods that include papad, spices, gram flour or besan, noodles, rusk and soan papdi.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DEAL DETAILS Gopal Snacks Limited | Initial Public Offering Khaitan &amp; Co acted as the legal counsel as to Indian Law for <\/p>\n","protected":false},"author":8808,"featured_media":307841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[50442,62377,43153,6791,63011,53015],"class_list":["post-307833","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-deal-details","tag-gopal-snacks-limited","tag-indian-law","tag-khaitan-co","tag-public-offering","tag-selling-shareholders"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Khaitan &amp; Co acts as the legal counsel as to Indian Law for Gopal Snacks Limited and the Selling Shareholders in relation to the initial public offering | SCC Times<\/title>\n<meta name=\"description\" content=\"Khaitan &amp; 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