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Khaitan & Khaitan acts for Orient Refractories on $6.7m buy of Odisha plant, assets

Orient Refractories Limited has completed the process of acquisition of assets/plant & machinery from Manishri Refractories & Ceramics Private Limited. The company has entered into asset purchase agreement with Manishri Refractories & Ceramics Private Limited, to acquire certain assets /plant & machinery situated at Baichuana, Tangi, Distt. Cuttack, Orissa. The same will help the company in diversification of its existing product line by adding new products like Magnesia Carbon Bricks etc.
Dalal Street Investment Journal

Khaitan & Khaitan advised Orient Refractories Limited led by a team of partner Ashutosh Khaitan, partner Kanishk Vardhan Shahi, principal associate Pravriti Chauhan, principal associate Pranav Gadi, associate Nikita Sayam.

Deal value: Rs 48 crore


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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