Advised Intertape Polymer Group Inc. on corporate and other issues in relation to its joint venture company
Intertape Polymer Group Inc. (IPG), a prominent global provider of packaging products and machinery, sought to address critical corporate and contractual issues arising with the Indian partners in its joint venture, Powerband Industries Private Limited (PIPL)....
Supported Glenmark Pharmaceuticals Limited on its amalgamation with its Indian subsidiaries
Glenmark Pharmaceuticals Limited, a prominent global pharmaceutical company, undertook the amalgamation of its subsidiaries, Glenmark Generics Limited and Glenmark Access Limited, into itself as part of a strategic corporate restructuring. Majmudar & Partners...
Assisted Aureus Analytics with adopting restated charter documents pursuant to an investment transaction
Aureus Analytics (Aureus), an AI-driven analytics platform specializing in the insurance sector, secured funding from investors including Connecticut Innovations, Multi-Act, and Alpine Meridian, among others. This investment enabled Aureus to enhance its AI...
Advised Bikaji Foods and promoters on equity stake sale to Lighthouse Funds for INR900 million (approx. US$15 million)
Bikaji Foods International Limited (Bikaji Foods), a prominent Indian food and snack brand, and its promoters, the Agarwal family, undertook the sale of a 12.5% equity stake to Lighthouse Funds through a fresh issue of shares worth INR900 million (approx. US$15...
Represented Dhanlaxmi Bank Limited in attachment proceedings before the Bombay High Court
Dhanlaxmi Bank Limited (“DBL”), a prominent private sector bank in India, sought the legal expertise of Majmudar & Partners (“Majmudar”) in a complex dispute involving the attachment of its assets. Representing DBL before the Bombay High Court, Majmudar provided...
Assisted CreditAccess Asia N.V.in connection with an equity investment by Asian Development Bank
In 2017, CreditAccess Asia N.V. (CAA), a leading microfinance operator in Asia, undertook a vendor legal due diligence on its Indian subsidiaries to facilitate an equity investment by the Asian Development Bank (ADB). This equity investment supported ADB’s initiative...