“Texmaco Rail and Engineering Ltd on Friday said its board has approved the acquisition of a steel casting foundry of manufacturing company Simplex Castings Ltd,” reported VCCircle about the slump sale.

KT Advisors advised Texmaco Rail & Engineering Limited led by a team of managing partner Kalpataru Tripathy, associate partner Ishita Bhardwaj, and associate Jatin Talwar.

Simplex Castings was advised by its in-house legal team.

2019-04-26

Deal value: Rs 87.50 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.