Khaitan, SAM act on Kalpataru Power sale of power transmission biz to CLP for $476m

metadesc: Khaitan & Co advised Kalpataru Power Transmission Limited (KPTL) led by a team of partner Shivanshu Thaplyal, principal associate Swathy Ramanath, associate Abhinav Mishra and associate Bhagirath Ashiya assisted by principal associate Jhinook Roy, associate Abhinav Rawat and associate Rahul Pai. partner Ritu Shaktawat and senior associate Rahul Jain assisted on direct tax aspects and executive director Dinesh Agrawal and principal associate Mayank Jain assisted on the indirect tax aspects of the transactions.

Kalpataru Power Transmission Ltd […] said it has entered into binding agreement with CLP India Pvt. Ltd to sell its stake in three power transmission assets for an enterprise valuation of ₹3,275 crore.

Mint

Khaitan & Co advised Kalpataru Power Transmission Limited (KPTL) led by a team of partner Shivanshu Thaplyal, principal associate Swathy Ramanath, associate Abhinav Mishra and associate Bhagirath Ashiya assisted by principal associate Jhinook Roy, associate Abhinav Rawat and associate Rahul Pai. partner Ritu Shaktawat and senior associate Rahul Jain assisted on direct tax aspects and executive director Dinesh Agrawal and principal associate Mayank Jain assisted on the indirect tax aspects of the transactions.

Shardul Amarchand Mangaldas acted for CLP India Pvt Ltd led by a transaction team of partner Deepto Roy; senior associate Dnyanraj Desai; senior associate Abhijit Mukherjee; associate Pranav Nanda; associate Kranthi Mamidanna and associate Manushi Desai.

2019-07-03

Deal value: USD 476 million

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Comments

Baithe 12 Jul 2019, 15:37
+11 -2
Bahut type karwaaya!
Baithiye 13 Jul 2019, 18:03
+4 -7
Undercut master KCO has become