Khaitan & Co advised Axight Capital on the acquisition of ~10% stake in Aadhar Housing Finance Limited
The leading law firm Khaitan & Co advised Axight Capital, an investment vehicle managed by Lunate group and backed by ADQ, on all aspects of its acquisition of approximately 10% stake in Aadhar Housing Finance Limited from Blackstone, one of the world’s largest alternative asset managers. The total consideration for the transaction was approximately USD 225 million.
The Firm’s role included structuring, diligence, and documentation for the transaction.
The core Khaitan & Co team was led by Abhishek Dadoo (Partner), Vidushi Gupta (Partner), and Soumil Garg (Partner), with support from Jayantika Khanna (Principal Associate), Aditi Halder (Senior Associate), Shriya Amol Kamat (Senior Associate), Niyati Karia (Associate), and Nimisha Nagpal (Associate).
On Competition Law aspects, the team included Anisha Chand (Partner), Siddharth Pravin Bagul (Principal Associate), and Joshua Kurien George (Associate).
On Direct Tax matters, the team comprised Rahul Jain (Partner) and Jinisha Jain (Senior Associate).
For ESOP-related advisory, the firm’s team included Shabnam Shaikh and Anushka Venketram (Senior Associate).
Click to know more about Khaitan & Co
If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at [email protected] or call us on +91 8879634922.