Khaitan & Co acts on JK Tyre INR 40 billion merger

JK Tyre & Industries Limited has merged Cavendish Industries Limited into the Company pursuant to the Scheme of Amalgamation for a total consideration of ₹40 billion.

Khaitan & Co advised JK Tyre on this merger.

The transaction team consisted of Mehul Shah (Partner), Pashupati Nath (Partner), Jamsheed Dadachanji (Principal Associate), Amit Panwar (Senior Associate), Hiren Kukreja (Associate) and Jaideep Sharma (Para-legal) with assistance from the following:

Tax aspects: Bhavin Vora (Executive Director)

Competition/Antitrust aspects: Anisha Chand (Partner), Tanveer Verma (Principal Associate) and Rishabh Vohra (Associate).

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