Khaitan & Co advised Asahi Glassplant Inc. in relation to minority investment by Asahi Glassplant Inc (AGI Japan), along with GL HAKKO Co., Ltd and its affiliates in Standard Glass Lining Technology Limited.
The core team consisted of Zakir Merchant (Partner), Yashashree Mahajan (Principal Associate), Divakar Gupta (Principal Associate), Neil Trivedi (Associate) and Niharika Jain (Associate) with assistance from the following:
Securities law and IPO aspects relating to exit rights: Aditya Cheriyan (Partner) and Vijayaraghavan (Principal Associate)
Direct tax law aspects: Vinita Krishnan (Executive Director) and Sneh Shah (Principal Associate)
Indirect tax law aspects: Mayank Jain (Partner) and Pranay Sahay (Principal Associate).
The firm was involved in advising on all legal aspects of the transaction including drafting, negotiating and finalizing the share subscription agreement and shareholders agreement.
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