News & Updates
July 15, 2019

Majmudar & Partners promotes Amrit Mehta to partnership

Amrit Mehta has been elevated to Partner at Majmudar & Partners. Amrit Mehta has 11 years of experience in corporate/M&A, insurance and real estate financing, and has advised on domestic and cross-border acquisitions, joint ventures, private equity investments, foreign direct investments and insurance matters. Mehta is a 2008 graduate of National Law University, Jodhpur, and…

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June 6, 2019

Majmudar acts on Browndove Healthcare fund raise from a group of investors

A group of investors lead by Dr. Ramesh Kancharla have invested in Browndove Healthcare Private Limited, a manufacturer and supplier of a complete range of medical devices in renal care products. Assentio Legal, a firm set up in 2018 with offices in Chennai and Bangalore, represented the investors. The Assentio team was led by Bangalore…

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May 23, 2019

IN A BIND – INTELLIGENCE REPORT – IBLJ

  ARTICLE BY MR. RAVI S. RAGHAVAN ON PAGES 6 AND 7.    

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April 26, 2019

Majmudar & Partners represented Elementis plc on an acquisition of a production facility near Mumbai

Majmudar & Partners represented Elementis plc (LSE: ELM), a global specialty chemicals company, on an acquisition of a production facility near Mumbai through its Indian affiliate, Elementis Specialties (India) Private Limited, under an asset purchase transaction.  We advised on Indian law aspects of the acquisition, including the legal due diligence, finalization of the definitive agreements…

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December 3, 2018

Viewpoints: The UltraTech case

India’s Supreme Court recently upheld a lower tribunal’s verdict approving UltraTech Cement’s $1.1 billion offer for indebted Binani Cement. UltraTech had lost out initially to a bid from a Bain Capital Credit-backed consortium, only to return with an upgraded proposal that was challenged as being late and made once the details of the rival offer…

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November 20, 2018

Majmudar & Partners assisted Intertape Polymer Group, Inc. on its acquisition of a 26% ownership stake in Powerband

Majmudar & Partners assisted Intertape Polymer Group, Inc. (ITP:CA), a leading listed manufacturer of packaging products and machinery, on its acquisition of a 26% ownership stake in Powerband Industries Private Limited (Powerband) from the Desai Family at an enterprise value of US$40 million.  Pursuant to this transaction, Powerband is a wholly-owned subsidiary of Intertape Polymer…

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Majmudar & Partners assisted Chart Industries Inc. on its acquisition of VRV Asia Pacific Private Limited

Majmudar & Partners assisted Chart Industries Inc. (Nasdaq: GTLS), a leading manufacturer of highly engineered cryogenic equipment used in the liquid gas supply chain, on its acquisition of VRV Asia Pacific Private Limited.  This transaction is a part of Chart’s global acquisition of VRV Srl and its subsidiaries, valued at US$143 million. Rukshad Davar, Partner…

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August 7, 2018

India rolls out the red carpet

Foreign investment is undeniably on the rise. But, despite abolishing many hundreds of archaic laws, Prime Minister Narendra Modi remains under pressure to do more. When Narendra Modi delivered the opening plenary address in Davos, Switzerland on 23 January, he was the first Indian prime minister to attend the annual World Economic Forum meeting in…

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July 15, 2018

Cover Story – A Sleeping Giant Awakens – Government Reforms

Inputs by Associate Partner, Amrit Mehta in the Asian Legal Business July 2018 edition.   Source: ALB – July 2018

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