"Motilal Oswal Private Equity (MOPE) managed India Business Excellence Fund – II and India Business Excellence Fund – IIA have agreed to invest Rs 100 crore to buy a minority stake in Kolkata based Ganesh Grains. The Kolkata based unlisted firm is engaged in the business of manufacturing and selling of branded food staple,” reported the Economic Times.
Khaitan & Co Kolkata represented Motilal Oswal led by associate partner Arindam Sarkar, principal associate Suhana Islam and associates Prithwijit Mukherjee, Shourya Sengupta and Nikita Bhuwania, with specialist advice by associate partner Anuj Sah.
The Khaitan team also included IP principal associate Gautam Banerjee and associate Vaibhavi Pandey; real estate principal associate Gaurav Dasgupta; litigation senior associate Sachin Shukla and associate Shreya Singh; and associate Aritri Roy Chowdhury on corporate due diligence.
Shardul Amarchand Mangaldas Kolkata acted for Ganesh Grains, with partner Sakshi Mehra, principal associate Victor Mukherjee and associate Dipayan Bhattacherjee.
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