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Lakshmikumaran & Sridharan advises Sai Parenteral's Limited and its Singapore subsidiary in the cross-border acquisition of Noumed Pharmaceuticals Pty Ltd

New Delhi, December 06, 2025: Lakshmikumaran & Sridharan Attorneys advised and acted for Sai Parenteral's Limited and its Singapore subsidiary, Sai Parenterals Pte Limited in their cross-border acquisition of 74.6% equity stake in Noumed Pharmaceuticals Pty Ltd (Australia) through a combination of secondary purchase from Noumed Life Sciences Limited (United Kingdom) along with primary subscription by way of a convertible loan. The team provided comprehensive end-to-end legal support across all stages of the transaction, including drafting, review, negotiation, and finalisation of a suite of complex transaction documents. As part of transactional support, the firm played a central role in coordinating and managing the closing process and liaising with multiple stakeholders across jurisdictions to facilitate a seamless completion. The team from Lakshmikumaran & Sridharan Attorneys comprised of Noorul Hassan (Executive Partner), Shipra Verma (Associate Partner) and Alekhya Kanda (Senior Associate) from the Corporate and M&A practice of the firm based in Hyderabad. About Lakshmikumaran & Sridharan attorneys Lakshmikumaran & Sridharan (LKS) is a premier full-service law firm in India, specializing in areas such as corporate & M&A/PE, dispute resolution, taxation and intellectual property. The firm, through its 14 offices across India, works closely on Corporate, M&A, litigation and commercial law matters, advising and representing clients both in India and abroad. Over the last 4 decades the firm has worked with over 15,500 clients which range from start-ups, small & medium enterprises, to large Indian corporates and multinational companies. The professionals within the firm bring diverse experience to service clients across sectors such as automobiles, aviation, consumer electronics, e-commerce and retail, energy, EPC, financial services, FMCG, hospitality, IT/ITeS, logistics, metals, mining, online gaming, pharma and healthcare, real estate and infra, telecom and media, and textiles. The firm takes pride in the value-based, client-focused approach that combines knowledge of the law with industry experience to design bespoke legal solutions. The firm’s driving principles to achieve our vision are integrity, knowledge and passion.  For more details contact:  Arnab Bhattacharya   +91 8287613705  [email protected]  Sakshi Sharma +91 9521867484 [email protected] www.lakshmisri.com 
08 December 2025
Press Releases

Lakshmikumaran & Sridharan attorneys advised Inox Neo Energies Limited on acquisition of 640 MW AC of wind -solar hybrid portfolios from Evergreen Group

New Delhi, November 20, 2025: Lakshmikumaran & Sridharan Attorneys (LKS) advised Inox Neo Energies Limited (“Inox”), an independent power producer of the InoxGFL Group and a subsidiary of Inox Clean Energy Limited, in connection with its acquisition of a 640 MW AC wind-solar portfolio from the Evergreen Group, a global renewable energy developer. Evergreen Group has a strong presence in the renewable sector with projects across the USA, Mauritius and India. The transaction involved the acquisition of five hybrid wind-solar projects awarded by National Thermal Power Corporation (NTPC) and Satluj Jal Vidyut Nigam (SJVN) and  located in Maharashtra. LKS acted as the legal counsel for Inox and advised on all aspects related to the transaction. The role involved advising on the structure of the transaction and assistance in negotiation and finalization of the transaction documents. The deal was distinctive due to the portfolio’s multiple projects being at different stages of development. This required a tailored structure to address different timelines, obligations and operational requirements, ensuring both a seamless transfer of ownership and the continued project development, while safeguarding the parties’ commercial and contractual interests. To achieve this, the entity-specific definitive agreements were executed which primarily comprised of share purchase agreements, shareholders’ agreement, options agreement and development agreement. The transaction team of LKS consisted of Kunal Arora (Partner), Anupam Misra (Associate Partner), Mitushi Garg (Principal Associate), Jeevesh Jain (Associate) and Satwik Mohapatra (Associate). Evergreen Group was represented by Saraf and Partners. This acquisition marks a significant leap in Inox’s vision to strengthen its presence in the renewable sector. About Lakshmikumaran & Sridharan attorneys Lakshmikumaran & Sridharan (LKS) is a premier full-service law firm in India, specializing in areas such as corporate & M&A/PE, dispute resolution, taxation and intellectual property. The firm, through its 14 offices across India, works closely on Corporate, M&A, litigation and commercial law matters, advising and representing clients both in India and abroad. Over the last nearly 4 decades the firm has worked with over 15,500 clients which range from start-ups, small & medium enterprises, to large Indian corporates and multinational companies. The professionals within the firm bring diverse experience to service clients across sectors such as automobiles, aviation, consumer electronics, e-commerce and retail, energy, EPC, financial services, FMCG, hospitality, IT/ITeS, logistics, metals, mining, online gaming, pharma and healthcare, real estate and infra, telecom and media, and textiles. The firm takes pride in the value-based, client-focused approach that combines knowledge of the law with industry experience to design bespoke legal solutions. The firm’s driving principles to achieve our vision are integrity, knowledge and passion.    For more details contact:  Arnab Bhattacharya   +91 8287613705  [email protected]    Sakshi Sharma +91 9521867484 [email protected] www.lakshmisri.com   
21 November 2025
Press Releases

Lakshmikumaran and Sridharan Attorneys Advises Toyota Group on acquisition of car dealership business from Ravindu Motors Private Limited

New Delhi, November 13, 2025: Lakshmikumaran and Sridharan Attorneys (LKS) advised and represented the Toyota group (“Toyota”) in its acquisition of the car dealership business from Ravindu Motors Private Limited (“Ravindu”) through a business transfer arrangement. Following the transaction, the dealership operates under the brand name “Bharat Toyota” and has paved way for Toyota in the dealership market in Karnataka providing comprehensive market coverage and strong customer base. The firm provided the end-to-end legal and transactional support to Toyota group including structuring, drafting and negotiations of transaction documents, and deal closing. The Firm was instrumental in conducting a comprehensive legal due diligence on the business undertaking of Ravindu Motors Private Limited and advising the Toyota Group on the overall structuring of the transfer of multiple asset classes as part of the business transfer. The team comprised of Srabonee Roy (Partner), Debanik Bid (Principal Associate), Sushmita Sharma (Associate), Mathanki Narayanan (Associate), and Atrijo Banerjee (Associate) from the Corporate and M&A team, and Neelambera Sandeepan (Partner) and Charms Mathews (Senior Associate) from the Competition & Antitrust team. LKS due diligence team also included Kunal Arora (Partner), Mitushi Garg (Senior Associate) and Jeevesh Jain (Associate) who advised on real estate aspects and Dinesh Babu Eedi (Partner) supported by Parth Agrawal (Principal Associate) and Guru Charan Anumula (Associate) on litigation aspect and by Kumar Panda (Principal Associate), Alekhya Kanda (Senior Associate), Aishwarya Narasimhan (Associate) and Netri Agrawal (Associate) on regulatory and employment matters. This transaction highlights the Firm’s comprehensive capabilities and depth of expertise across diverse areas of law, reinforcing LKS’s position as a trusted legal advisor in complex business transfers and acquisitions. About Lakshmikumaran & Sridharan attorneys Lakshmikumaran & Sridharan (LKS) is a premier full-service law firm in India, specializing in areas such as corporate & M&A/PE, dispute resolution, taxation and intellectual property. The firm, through its 14 offices across India, works closely on Corporate, M&A, litigation and commercial law matters, advising and representing clients both in India and abroad. Over the last nearly 4 decades the firm has worked with over 15,500 clients which range from start-ups, small & medium enterprises, to large Indian corporates and multinational companies. The professionals within the firm bring diverse experience to service clients across sectors such as automobiles, aviation, consumer electronics, e-commerce and retail, energy, EPC, financial services, FMCG, hospitality, IT/ITeS, logistics, metals, mining, online gaming, pharma and healthcare, real estate and infra, telecom and media, and textiles. The firm takes pride in the value-based, client-focused approach that combines knowledge of the law with industry experience to design bespoke legal solutions. The firm’s driving principles to achieve our vision are integrity, knowledge and passion.  For more details contact:  Arnab Bhattacharya   +91 8287613705  [email protected]    Sakshi Sharma +91 9521867484 [email protected] www.lakshmisri.com 
19 November 2025
Press Releases

LKS Announces Major Leadership Expansion with Sixteen Executive Partner Promotions

New Delhi, July 22, 2025: Lakshmikumaran & Sridharan Attorneys (LKS) has announced the elevation of sixteen lawyers from Partner to Executive Partner, reinforcing the firm’s continued focus on nurturing leadership and advancing legal excellence across its practice areas. Speaking about the new promotions, Mr. V Lakshmikumaran, Managing Partner, Lakshmikumaran & Sridharan Attorneys, said, “These promotions are a testament to the extraordinary talent and dedication within our firm. Each new Executive Partner brings unique perspectives and deep expertise that will not only enhance our service delivery but also drive the firm’s long-term vision. I am confident their leadership will further strengthen our standards and create enduring value for our clients. My warmest congratulations to all on this well-deserved achievement.’’ These elevations show the commitment of the firm to emerging practice areas, strategic growth in key industries as also geographies in India. The new Executive Partners embody the firm’s values of excellence, knowledge and commitment to clients. The promotions will take effect from 01st July 2025. Partners elevated to Executive Partners Name Practice Areas Office Location Amar Pratap Singh Tax Chandigarh Asish Philip Abraham Corporate and Tax Mumbai Atul Gupta Tax Prayagraj Devinder Bagia International Trade and WTO New Delhi Gaurav Dayal Corporate M&A New Delhi Jaya Pandeya Intellectual Property New Delhi Krati Singh Tax Chandigarh Narendra S Dave Tax Hyderabad Rahul Tangri Tax Kolkata Rajesh Ostwal Tax Mumbai S K Noorul Hassan Corporate M&A Hyderabad Shweta Kathuria Tax New Delhi Sriram S Tax Mumbai Syed Maqdum Peeran Disputes Bengaluru Vinay Kumar Jain Tax Mumbai Yogendra Aldak Disputes New Delhi About Lakshmikumaran & Sridharan attorneys Lakshmikumaran & Sridharan (LKS) is a premier full-service law firm in India, specializing in areas such as corporate & M&A/PE, dispute resolution, taxation and intellectual property. The firm, through its 14 offices across India, works closely on Corporate, M&A, litigation and commercial law matters, advising and representing clients both in India and abroad. Over the last nearly 4 decades the firm has worked with over 15,500 clients which range from start-ups, small & medium enterprises, to large Indian corporates and multinational companies. The professionals within the firm bring diverse experience to service clients across sectors such as automobiles, aviation, consumer electronics, e-commerce and retail, energy, EPC, financial services, FMCG, hospitality, IT/ITeS, logistics, metals, mining, online gaming, pharma and healthcare, real estate and infra, telecom and media, and textiles. The firm takes pride in the value-based, client-focused approach that combines knowledge of the law with industry experience to design bespoke legal solutions. The firm’s driving principles to achieve our vision are integrity, knowledge and passion.    For more details contact:  Arnab Bhattacharya   +91 8287613705  [email protected]  Sakshi Sharma +91 9521867484 [email protected] www.lakshmisri.com 
24 July 2025
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