{"id":326397,"date":"2024-07-12T13:30:59","date_gmt":"2024-07-12T08:00:59","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=326397"},"modified":"2024-07-12T14:25:38","modified_gmt":"2024-07-12T08:55:38","slug":"khaitan-co-advises-radhamani-textiles-private-limited-and-its-founders-the-poddar-family-in-relation-to-investment-by-a91-emerging-fund-ii-llp-as-a-lead-investor","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2024\/07\/12\/khaitan-co-advises-radhamani-textiles-private-limited-and-its-founders-the-poddar-family-in-relation-to-investment-by-a91-emerging-fund-ii-llp-as-a-lead-investor\/","title":{"rendered":"Khaitan &amp; Co advises Radhamani Textiles Private Limited and its founders, the Poddar family, in relation to investment by A91 Emerging Fund II LLP, as a lead investor"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%; text-align: center; font-weight: bold; font-size: 16.0pt;\">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: 0.00mm; margin-right: auto; table-layout: auto; width: 200.86mm; margin-bottom: 3%;\">\n<colgroup>\n<col width=\"752\"\/>\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: 198.86mm;\">\n<p style=\"margin-bottom: 0.0mm; font-weight: bold; font-size: 11.0pt;\">Radhamani Textiles Private Limited | Investment by A91 Emerging Fund II LLP<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-bottom: 3%;\">Khaitan &amp; Co advised Radhamani Textiles Private Limited and its founders, the Poddar family, in relation to investment by A91 Emerging Fund II LLP, as a lead investor along with Nikhil Kamath (M\/s NKSquared and Gruhas Proptech LLP) and family office of Mr Ravi Modi Family (founder of Vedant Fashion \/ Manyavar). The investment will be made in two tranches through a combination of secondary acquisition from existing shareholders and subscription to shares.<\/p>\n<p style=\"margin-bottom: 3%;\">The core team consisted of Purti Minawala (Partner), Aman Anand (Principal Associate), Shruti Kunisetty (Associate) and Shravan Subramanian (Associate) with assistance from the following:<\/p>\n<p style=\"margin-bottom: 3%;\">Employment and Labour laws: Deepak Kumar (Partner) and Archika Dudhwewala (Senior Associate).<\/p>\n<p style=\"margin-bottom: 3%;\">The transaction involved a family-held company incorporated in 2008 raising money for the first time.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DEAL DETAILS Radhamani Textiles Private Limited | Investment by A91 Emerging Fund II LLP Khaitan &amp; Co advised Radhamani Textiles Private Limited <\/p>\n","protected":false},"author":8808,"featured_media":326417,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[70889,70892,6791,70891,70890,70888],"class_list":["post-326397","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-a91-emerging-fund","tag-gruhas-proptech-llp","tag-khaitan-co","tag-nksquared","tag-poddar-family","tag-radhamani-textiles-private-limited"],"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; 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Co advises Gokaldas Exports Limited in its proposed investment in fabric manufacturer BRFL Textiles Private Limited","author":"Bhumika Indulia","date":"June 28, 2024","format":false,"excerpt":"DEAL DETAILS Gokaldas Exports Limited | Strategic tie-up with BRFL Textiles Private Limited (BTPL) Khaitan & Co advised Gokaldas Exports Limited in its proposed investment in fabric manufacturer BRFL Textiles Private Limited by subscribing Optionally Convertible Debentures. Gokaldas Exports (GEX) has agreed to invest in BRFL Textiles Private Limited (BTPL)\u2026","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"Gokaldas Exports Limited","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/06\/Gokaldas-Exports-Limited.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/06\/Gokaldas-Exports-Limited.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/06\/Gokaldas-Exports-Limited.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/06\/Gokaldas-Exports-Limited.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":268947,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/06\/23\/khaitan-co-advises-inventys-research-company-private-ltd-as-a-common-counsel-in-relation-to-investment\/","url_meta":{"origin":326397,"position":2},"title":"Khaitan &#038; Co  advises Inventys Research Company Private Ltd as a common counsel in relation to investment","author":"Bhumika Indulia","date":"June 23, 2022","format":false,"excerpt":"Khaitan & Co advises Inventys Research Company Private Limited as a common counsel in relation to investment. \u00a0 NO HEADINGS DETAILS 1. Sector Agro Chemicals 2. Announcement Date 11-Apr-2022 3. Completion Date \u00a0 4. Name of Client Inventys Research Company Pvt Ltd 5. 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Co advises Kedaara Capital Growth Fund III LLP in relation to its primary investment of INR 800 Crore in to Avanse Financial Services Limited","author":"Bhumika Indulia","date":"January 21, 2023","format":false,"excerpt":"DEAL DETAILS Kedaara Capital Advisors LLP | Minority investment in Avanse Financial Services NO HEADINGS DETAILS 1.\u00a0 Sector Financial Services; NBFCs 2.\u00a0 Announcement Date 19-Jan-2023 3.\u00a0 Completion Date 19-Jan-2023 4.\u00a0 Name of Client Kedaara Capital Advisors LLP 5.\u00a0 Investor Details Kedaara Capital Growth Fund III LLP | India Kedaara is\u2026","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-159.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":294569,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/06\/14\/khaitan-co-advises-bryden-capital-limited-and-mss-products-in-relation-to-the-platform-investment-made-by-stellex-capital-management\/","url_meta":{"origin":326397,"position":4},"title":"Khaitan &#038; 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