Khaitan & Co advised and assisted Reliance Brands Limited in relation to their collaboration and joint venture with Plastic Legno S.P.A and Dream Plast India Private Limited for the toy manufacturing business in India. This was the first of its kind transaction in this sector for the Reliance Group.
| NO | HEADINGS | DETAILS |
| 1. | Sector | Manufacturing and Toys |
| 2. | Announcement Date | 31 May 2022 |
| 3. | Completion Date | Confidential |
| 4. | Name of Client | Reliance Brands Limited |
| 5. | Details of JV Partners | Plastic Legno S.P.A and Dream Plast India Private Limited |
| 6. | Deal Description | Advised and assisted Reliance Brands Limited in relation to their collaboration and joint venture with Plastic Legno S.P.A and Dream Plast India Private Limited for the toy manufacturing business in India. This was the first of its kind transaction in this sector for the Reliance Group. |
| 7. | Total Consideration | Confidential |
| 8. | Team Members | Core transaction team consists of Rahul Dutt (Partner), Supratim Chakraborty (Partner), Shourya Sengupta (Partner), and Sruti Baid (Senior Associate) |
| 9. | Role of Firm | We acted as the transaction counsel to Reliance Brands Limited and our responsibilities were as follows:
(a) Drafting, negotiating, finalising and execution of the transaction documents; and (b) assisting and advising on all execution related formalities. |