{"id":334540,"date":"2024-11-06T14:30:33","date_gmt":"2024-11-06T09:00:33","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=334540"},"modified":"2024-11-08T17:54:57","modified_gmt":"2024-11-08T12:24:57","slug":"shardul-amarchand-mangaldas-co-advises-jupiter-electric-mobility-on-the-acquisition-of-the-technology-and-business-assets-of-log-9-materials-scientific-private-limited","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/06\/shardul-amarchand-mangaldas-co-advises-jupiter-electric-mobility-on-the-acquisition-of-the-technology-and-business-assets-of-log-9-materials-scientific-private-limited\/","title":{"rendered":"Shardul Amarchand Mangaldas & Co. advises Jupiter Electric Mobility on the acquisition of the technology and business assets of Log 9 Materials Scientific Private Limited"},"content":{"rendered":"
\n

Shardul Amarchand Mangaldas & Co. advised Jupiter Electric Mobility Private Limited (JEM) a subsidiary of Jupiter Wagons Limited (“JWL”) on the acquisition of the technology and business assets of Log 9 Materials Scientific Private Limited (“LMSPL”) for its Railway Battery and Electric Truck Battery Divisions. The deal was signed on 30th<\/span> October 2024.<\/p>\n

This acquisition marks a significant advancement in JEM’s mission to revolutionize the electric mobility landscape in India by expanding its portfolio with cutting-edge battery solutions tailored for both the electric truck segment and Indian Railways.<\/p>\n

The transaction team was led by Abhishek Guha, Partner; Mahesh Wasadikar, Partner; Yash Modi, Senior Associate and Deesha Vyas, Associate and was assisted by Hemant Krishna, Partner and Dhruv Khurana, Associate.<\/p>\n

KPMG advised JWL on the tax aspects.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Shardul Amarchand Mangaldas & Co. advised Jupiter Electric Mobility Private Limited (JEM) a subsidiary of Jupiter Wagons Limited (\u201cJWL\u201d)<\/i><\/p>\n","protected":false},"author":8808,"featured_media":334556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[74952,74947,74950,74949,74951,59709,74948],"class_list":["post-334540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-electric-truck-battery-divisions","tag-jupiter-electric-mobility","tag-log-9-materials-scientific","tag-materials-scientific-private-limited","tag-railway-battery","tag-shardul-amarchand-mangaldas-co","tag-technology-and-business-assets"],"yoast_head":"\nShardul Amarchand Mangaldas & Co. advises Jupiter Electric Mobility on the acquisition of the technology and business assets 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