New Delhi, November 10, 2025: Lakshmikumaran and Sridharan Attorneys (LKS) advised and represented the Toyota group ("Toyota") in its acquisition of the car dealership business from Ravindu Motors Private Limited ("Ravindu") through a business transfer arrangement.
Following the transaction, the dealership operates under the brand name "Bharat Toyota" and has paved way for Toyota in the dealership market in Karnataka providing comprehensive market coverage and strong customer base.
LKS provided the end-to-end legal and transactional support to Toyota group including structuring, drafting and negotiations of transaction documents, and deal closing. The team comprised of Srabonee Roy (Partner), Debanik Bid (Principal Associate), Sushmita Sharma, Mathanki N, and Atrijo Banerjee (Associates) from the Corporate and M&A team, and Neelambera Sandeepan (Partner) and Charms Matthew (Associate) from the Competition & Antitrust team.