Trilegal Supports JSW Infra and JSW Port in Strategic Open Offer for 26% Stake in Navkar Corporation Ltd.
Trilegal advised JSW Infrastructure Ltd (“JSW Infra”) and JSW Port Logistics Pvt Ltd (a wholly owned subsidiary of JSW Infra) (“JSW Port”) in connection with the proposed open offer by JSW Port together with JSW Infra for acquisition of up to 26% of the total equity share capital of Navkar Corporation Ltd. (Target Company) from its public shareholders. The firm also advised on related aspects in relation to the acquisition of majority shareholding of Navkar Corp from its promoters that triggered the requirement for the Open Offer.
The Corporate Team was led by Partner Deep Choudhuri and supported by attorneys Arunima Singal, Jatin Sharma, Mayank Jain and Isha Sen.
The Capital Markets team was led by Partner Richa Choudhary, and was supported by attorneys Maitreya Rajurkar, Pooja Tada, and Mathangi K.
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