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Khaitan acts for successful consortium on Ricoh India insolvency buy

IT peripherals and services firm Ricoh India has renamed itself as Minosha Digital Solutions, a top company official said on Monday. A consortium, led by investor Kalpraj Dharamshi and Rekha Jhunjhunwala, has taken over the company following the National Company Law Tribunal’‘s (NCLT) approval.


Khaitan & Co advised the consortium of Kalpraj Dharamshi and Rekha Jhunjhunwala, led by a core transaction team on the insolvency of partner Kalpana Unadkat, principal associate Parag Bhide, associate Shayak Sircar, associate Srijanee Bhattacherjee. On capital markets aspects the team included executive director Sudhir Bassi and Counsel Vaibhav Mittal.


Deal value: Confidential

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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