Desai & Diwanji, Khaitan & Co clear Eureka Forbes-Waterlogic JV

Exclusive: Desai & Diwanji has acted for Eureka Forbes in its 50:50 joint venture (JV) with Khaitan & Co-advised Waterlogic, which will develop water purification products together over five years, investing $10m (Rs 54 crore).

India’s largest water purification product company Eureka Forbes instructed Desai & Diwanji associate partner Natasha Treasurywala along with associates Sreejith S and Devvrat Periwal.

Waterlogic, which is headquartered in Ireland and specialises in point-of-use water purification, was advised by Khaitan & Co partner Kalpana Unadkat and senior associate Stuti Galiya.

The JV includes a plant in Dehra Dun and covers products such as the Aquaguard World Series, reported the Hindustan Times.

Comments

London 9 Nov 2012, 10:12
+3 -0
Congrats Sreejith. He is a superstar.
LMNS 16 Nov 2012, 11:34
+2 -0
I have worked with the D&D team on several transactions including Natasha and Sreejith. Both are extremely good lawyers.

Congratulations.
Anonymous 17 Nov 2012, 07:35
+1 -0
Who is Sreejith?
Nasik 18 Nov 2012, 10:05
+0 -0
Sreejith is a brilliant lawyer..He is also a very helpful person by nature..