“Private equity firm True North has acquired a 75% stake in Ban Labs Pvt. Ltd, the owner of the Sesa Hair Oil brand, for about Rs 700 crore, said a person familiar with the matter,” Mint.

J Sagar Associates (JSA) advised the promoters of Ban Labs Private Limited (BLPL), led by partner Sidharrth Shankar, principal associate Shantanu Jindel, and associates Hema Patnaik and Aman Bhatia.

Update 10 December 2018: Veritas Legal advised True North Fund V LLP and its affiliates led by a team of partner Tushar Raut, senior associate Natasha Sethna, and paralegal Shyamolie Parikh.