Khaitan & Co advised Axis Mutual Fund in relation to acquisition of a minority stake in Premier Energies Limited as part of the pre-IPO round aggregating to ~INR 846 crore, by way of secondary investment through the purchase of equity shares from South Asia Growth Fund II Holdings LLC.
The core team consisted of Tanushree Bhuwalka (Partner), Soumil
Garg (Principal Associate), Kritika Parakh (Associate) and Viraj
Puri (Associate) with assistance from the following:
Provided strategic advice on the transaction.: Vineet Shingal
(Partner) and Subhayu Sen (Partner).