Khaitan & Co Advised White Oak Capital on Secondary Acquisition of Minority Stake in AFCONS Infrastructure
Khaitan & Co advised White Oak Capital Ltd. on the secondary acquisition of a minority stake in AFCONS Infrastructure Limited, a Shapoorji Pallonji Group company. White Oak Capital provides investment management and advisory services, focusing on Indian equity. The firm is known for its strong investment principles aimed at delivering long-term tangible results for all stakeholders. White Oak manages segregated accounts for prominent global institutions and offers a wide range of investment services through fund vehicles domiciled in India, Ireland, Mauritius, and the UK, serving individual and institutional investors both domestically and internationally.
AFCONS Infrastructure Limited, headquartered in Mumbai, is an Indian multinational construction and engineering company. It specializes in executing large-scale infrastructure projects, including bridges, flyovers, metros, railways, tunnels, highways, ports, marine works, and oil and gas structures. The company has been a part of the Shapoorji Pallonji Group since 2000.
The core team at Khaitan & Co advising on the transaction included Partner Abhishek Dadoo, Principal Associate Jayantika Khanna, and Associate Niyati Karia.