Shardul Amarchand Mangaldas & Co. advised KYB Corporation ("KYB") in relation to transferring its 51% shareholding in its joint venture entity, KYB Conmat Private Limited (“KCPL”), to Conmat Projects Private Limited (“CPPL”) (affiliate of joint venture partner, Mr. Prem Raj Keshyep (“PRK”)) through a share purchase and closed on 6 January 2025.
In conjunction with this transaction, KYB and KCPL have entered into a license agreement, enabling the licensing of certain intellectual property by KYB to KCPL.
The transaction team was led by a multidisciplinary team comprising Rudra Kumar Pandey, Partner; Smarika Singh, Partner; Srinivas Anirudh, Partner; Shreya Bhatnagar, Associate; Rachit Grover, Associate; and Ishaan Saraswat, Associate. Jyoti Gautam, Senior Associate also supported the transaction team on certain corporate law aspects.
Additional expertise was provided by the Firm’s specialized teams:
- Tax: Led by Rahul Yadav, Counsel with Nimish Malpani, Senior Associate.
- Disputes: Led by Smarika Singh, Partner; and Saifur Rahman Faridi, Partner.
- Intellectual Property: Led by Apoorva Murali, Partner, with Aishwarya Chaturvedi, Associate.
- Competition Law: Led by Manika Brar, Partner, with Aniket Ghosh, Principal Associate; and Rohan Bhargava, Associate.
- Insolvency & Bankruptcy: Led by Anoop Rawat, Partner; Saurav Panda, Partner, with Amrit Mahal, Senior Associate; and Samidha Mathur, Associate.
KYB Corporation was also advised by Morrison Foerster, Tokyo.
The counterparties, including KCPL, CPPL, and PRK, were represented by DSK Legal.
About Shardul Amarchand Mangaldas & Co:
Shardul Amarchand Mangaldas & Co., founded on a century of legal achievements, is one of India’s leading full-service law firms. The Firm’s mission is to enable business by providing solutions as trusted advisers through excellence, responsiveness, innovation, and collaboration. SAM & Co. is known globally for its exceptional practices in mergers & acquisitions, private equity, competition law, insolvency & bankruptcy, dispute resolution, international commercial arbitration, capital markets, banking & finance, tax, intellectual property, data protection and data privacy, technology law and projects & infrastructure.
The Firm has a pan-India presence and has been at the helm of major headline transactions and litigations in all sectors, besides advising major multinational corporates on their entry into the Indian market and their business strategy. Currently, the Firm has over 829 lawyers including 177 Partners, offering legal services through its offices in New Delhi, Mumbai, Gurugram, Ahmedabad, Kolkata, Bengaluru, and Chennai.
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