Khaitan & Co advised JKCement on acquiring a 60% stake in Saifco Cements through a mix of share purchase and fresh equity subscription. The transaction marks JK Cement’s entry into the Jammu & Kashmir market.
The deal was led by Partners Deepak Jodhani, Pashupati Nath, Associates Sakshi Duggal and Swetank Neelabh with assistance from Partner Nirupam Lodha (Intellectual Property).
Source: Khaitan & Co.’s LinkedIn Page
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