J Sagar Associates (JSA) acted for Swiss lock maker Kaba Holding on increasing its investment in its Indian joint venture with Dorset to 74 per cent.

Luthra & Luthra partner Bobby Chandhoke advised the Indian shareholders in the JV, Dorset, while JSA partners Upendra Nath Sharma & Pallavi Puri with associates Shantanu Jindel and Pranav Gadi acted for Kaba.

The additional acquisition of 25 per cent by Kaba was structured as a preferential alotment and also included three additional business acquisitions by the Swiss company via a slump sale, as reported by VCCircle.