BirlaNu Limited acquires 100% equity of Clean Coats Private Limited

Khaitan & Co advised BirlaNu Limited, a listed company of the CKA Birla Group, in relation to its acquisition of Clean Coats Private Limited. The transaction involved BirlaNu's 100% acquisition of the equity share capital of Clean Coats Private Limited for a cash consideration of up to INR 120,00,00,000 (Indian Rupees One Hundred and Twenty Crore). The firm acted as legal counsel to BirlaNu for the entire transaction, conducting legal due diligence on Clean Coats and advising on the transaction documents, including the share purchase agreement, completion matters, and regulatory and listed company aspects. Khaitan & Co represented client(s) BirlaNu Limited with a team composed by: Niren Patel (Partner), Akhil Kumar (Senior Associate), Raghav Khetan (Associate) and Shrishti Mishra (Associate), with assistance from the following: Employment law aspects — Deepak Kumar (Partner), Ananya Gandhi (Associate) and Sukriti Shrivastava (Associate); Intellectual property aspects — Sourav Dan (Counsel), Shouraseni Chakraborty (Associate) and Vaishali Adhikari (Associate); Anti-trust/competition law aspects — Anshuman Sakle (Partner), Rishabh Vohra (Senior Associate) and Vrinda Bhardwaj (Associate).

BirlaNu Limited acquires 100% equity of Clean Coats Private Limited

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