NEWS & UPDATES
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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June 5, 2018

Majmudar & Partners represented the Sanwal family on the sale of their 100% shareholding in AIMS Impex Private Limited

Majmudar & Partners represented the Sanwal family on the sale of their 100% shareholding in AIMS Impex Private Limited, a leading flavour and fragrance chemicals manufacturer to Eternis Fine Chemicals Limited for an aggregate purchase price of US$15 million.  AIMS Impex Private Limited is a market leader in manufacturing synthetic coumarin, a popular fragrance chemical…

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February 6, 2018

Majmudar & Partners represented Fluidmaster Inc., on its proposed acquisition of 51% in Fluidmaster Jindal Sanitaryware India Private Limited

Majmudar & Partners represented Fluidmaster Inc., one of the world’s leading manufacturers of sanitaryware parts, on its proposed acquisition of 51% in Fluidmaster Jindal Sanitaryware India Private Limited engaged in the business of manufacture of sanitaryware parts.  The proposed acquisition is at an enterprise value of INR80 crores (US$12 million approximately), and is subject to…

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September 26, 2017

Unlike in Europe, the size of a firm does not give a warranty of a standardised quality

Exclusive Interview with Akil Hirani, Managing partner of Majmudar & Partners. This law firm is located in India where it has two offices (Mumbai and Bengalore). Leaders League. : What is Majmudar’s difference in the legal market?   Majmudar & Partners’ strategy has been to give high quality, partner-led advice.  Our model is not a…

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August 31, 2012

The Courtroom: Akil Hirani On The Mood Of India Inc

In the courtroom Akil Hirani, Managing Partner, Majmudar & Partners on Mood Of India Inc. with Vivek Law  

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