Khaitan & Co advised Kalpataru Power Transmission Limited and JMC Projects (India) Limited on amalgamation of JMC Projects (India) Limited with Kalpataru Power Transmission Limited.

 

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HEADINGS

DETAILS

1. Sector Power Transmission
2. Announcement Date 19-Feb-2022
3. Name of Client Kalpataru Power Transmission Limited and JMC Projects (India) Limited
4. Deal Description Advised Kalpataru Power Transmission Limited and JMC Projects (India) Limited on amalgamation of JMC Projects (India) Limited with Kalpataru Power Transmission Limited, pursuant to a scheme of amalgamation
5. Estimated Deal Value INR 1518 crore (USD 206 million)
6. Team Members The core team consisted of Mehul Shah (Partner), Aman Yagnik (Principal Associate), Jamsheed Dadachanji (Senior Associate), Rushabh Gala (Senior Associate), Dhruvi Rakesh Dharia (Associate) and Neel Shah (Paralegal) with assistance from the following:
Competition law related aspects: Anisha Chand (Partner), Soham Banerjee (Senior Associate), Satvik Mohanty (Associate)
Corporate Governance related aspects: Sharad Abhyankar (Partner)
7. Role of Firm Legal Counsel to Kalpataru Power Transmission Limited and JMC Projects (India) Limited on amalgamation of JMC Projects (India) Limited with Kalpataru Power Transmission Limited, pursuant to a scheme of amalgamation
8. Press coverage Hindu Business Line 
Economics Times

CNBC TV
BSEIndia ; https://www.bseindia.com/xml-data/corpfiling/AttachLive/9a5f21b4-8f6b-4ba3-811d-353df4c8606b.pdf; https://www.bseindia.com/xml-data/corpfiling/AttachLive/4f34738d-0dbf-4def-b03a-e405dcd307bf.pdf

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