DSK Legal provided legal assistance and counsel to Pitti Engineering Limited regarding its acquisition of the entire shareholding of Dakshin Foundry Private Limited from the current shareholders.
The DSK Legal team handling the transaction was led by Mr. Siddharth Suresh (Partner) and included Ms. Ananya Madhusudan (Senior Associate), Mr. Prateek Kumar Singh (Senior Associate), and Mr. Lakshay Garg (Associate).
Additionally, the real estate due diligence for the transaction was conducted by a team comprising Mr. Srinivas B.R. (Partner), Mr. Shravan K.S. (Senior Associate), and Ms. Simran N. (Associate).
Pitti Engineering Limited (Formerly Pitti Laminations Limited) promoted by Sharad B. Pitti, was founded in 1983 and is India’s largest and most reputed manufacturer of Electrical Steel Laminations, Motor Cores, Sub-Assemblies, Die-Cast Rotors and Press Tools. We are proud to be the largest exporter of laminations from India. We have already diversified into manufacturing of Castings, Steel Fabricated Parts and machined components stator and rotor assemblies with plans of diversifying into forgings. Growth is targeted through continuous forward and backward integration plus enhancement of capacities.
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