Wednesday, November 13, 2024
HomeLaw firmsDeals and TransactionsKhaitanCo Advises PCBL Limited in Strategic Joint Venture with Kindia Pty for...

KhaitanCo Advises PCBL Limited in Strategic Joint Venture with Kindia Pty for EV Battery Market Expansion

KhaitanCo has advised PCBL Limited, a subsidiary of the RP-Sanjeev Goenka Group, in forming a joint venture with Kindia Pty.

This strategic partnership aims to tap into the expanding battery market for electric vehicles and energy storage solutions, with a focus on the development of nano-silicon-based products and the establishment of manufacturing facilities.

The core deal team comprised Kartikeya Prakash, Abir Sarkar, Meha Patel, Anushka Garg, and Vanshika M Banthia. Support was provided by Anuj Shah (Corporate Advisory), Adheesh Nargolkar (Intellectual Property), Hiten Kotak and Raghav Bajaj (Tax and Structuring), and Sharad Abhyankar and Sudhir Bassi (Regulatory Disclosures).

PCBL Limited, part of the RP-Sanjeev Goenka Group, is a leading manufacturer in the carbon black industry, serving industries such as automotive, plastics, and paints. With a focus on innovation and sustainability, PCBL leverages advanced technology to produce high-performance carbon materials, including specialty black products for new-age applications like Electric Vehicles (EVs) and energy storage solutions. The company operates with a commitment to quality and environmental responsibility, positioning itself as a key player in both domestic and international markets.

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