PRESS RELEASE
8 November 2024

Axis Mutual Fund | Acquisition Of Minority Stake In Premier Energies Limited

KC
Khaitan & Co LLP

Contributor

  • A leading full-service law firm with over 560 professionals with Pan-India coverage through offices in Mumbai, Delhi, Bengaluru and Kolkata
  • Lawyers and trusted advisors to leading business houses, multinational corporations, global investors, financial institutions, governments and international law firms
  • Responsive and relationship driven approach to client service on critical issues and along the business life cycle
  • Specialists with deep sector, domain and jurisdictional knowledge to provide effective business solutions
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 As
India

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).

Contributor

  • A leading full-service law firm with over 560 professionals with Pan-India coverage through offices in Mumbai, Delhi, Bengaluru and Kolkata
  • Lawyers and trusted advisors to leading business houses, multinational corporations, global investors, financial institutions, governments and international law firms
  • Responsive and relationship driven approach to client service on critical issues and along the business life cycle
  • Specialists with deep sector, domain and jurisdictional knowledge to provide effective business solutions

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