Trilegal advised JM Financial India Growth Fund III as lead investor in N.G. Electro’s INR 150 crore funding round
The leading law firm in India, Trilegal advised JM Financial India Growth Fund III, along with its family offices, on its investment of approximately INR 150 crore in N.G. Electro Products Private Limited, involving the acquisition of a minority stake in the company.
The transaction is structured as a combination of a primary infusion into N.G. Electro Products Private Limited and a secondary acquisition of shares from the existing promoter group. N.G. Electro Products Private Limited is a leading Indian OEM/ODM manufacturer operating across consumer goods, personal care, over-the-counter, and nutraceutical segments.
The completion of the transaction is subject to customary closing conditions.
Trilegal advised on all legal aspects of the transaction, including conducting comprehensive due diligence, structuring, drafting and negotiation of definitive transaction documents, and providing end-to-end support through to closing. The investment reflects JM Financial India Growth Fund III’s continued focus on high-growth opportunities in the manufacturing sector, with the capital infusion expected to strengthen N.G. Electro Products Private Limited’s manufacturing capabilities, drive operational scale, and support strategic expansion into new markets.
The Trilegal team was led by Amit Khansaheb (Partner) and Nikhil Sachdeva (Partner), with support from Mayank Malhotra (Counsel), Sindhujaa Nayak (Senior Associate), and Ayush Sharma (Associate) and Sidharth Sankar Pattnaik (Associate).
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