Khaitan & Co advised Ramkrishna Forgings Limited in relation to sale of its entire paid-up share capital in its wholly owned subsidiary, Globe All India Services Limited to Yatra Online Limited, for a total consideration of INR 128 crores.
Globe All India Services Limited is a hospitality management company, with a diversified portfolio spanning across corporate travel, MICE (meetings, incentives, conferences and exhibitions), leisure and car rental services.
The core team consisted of Ashwin Bishnoi (Partner), Pashupati Nath (Partner), Abhiroop De (Principal Associate) and Swetank Neelabh (Associate).