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Khaitan acts for Reliance Industries on $8.6m buy of C-Square Info Solutions

Reliance Industries controlled Reliance Industrial Investment and Holdings (RIIHL), has picked up majority stakes in companies C-Square Info Solutions from the existing shareholders for up to Rs 22.04 crores ($3.1m) for acquisition of shares of up to Rs 60 crore ($8.6m), according to reports.

Khaitan & Co advised Reliance Industries Limited led by a team of partner Supratim Chakraborty, principal associate Kaushalya Shetty, associate Sumantra Bose and associates Rhea Jha and Sneh Lata.


Deal value: USD 3.1 m for acquisition of shares, USD 8.6 m for primary investment

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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