Aditya Birla Fashion and Retail Limited is acquiring a 51% stake in the Indian luxury designer label Sabyasachi, a brand owned by Sabyasachi Mukherjee..Aditya Birla Fashion will infuse INR 398 crore in the label run by Sabyasachi Mukherjee, which is engaged in the manufacturing, distribution and sale of designer apparel, jewellery and accessories under its own brand..Khaitan & Co acted for Aditya Birla Fashion and Retail Limited. The core transaction team included Arindam Sarkar, Suhana Islam Murshedd, Shourya Sengupta, and Sneh Lata with assistance from thefollowing:Due diligence: Riya Dutta and Anwesha SinhaIntellectual Property aspects: Shailendra Bhandare, Sourav Dan, and Rhea GhanshaniFinalisation of the transaction structure: Kapish Mandhyan.Shardul Amarchand Mangaldas & Co advised Sabyasachi Couture and its partners, Sabyasachi Mukherjee and Sukumar Mukherjee. The team was led by Partner Jay Gandhi along with Principal Associate Rohan Jain and Associate Joanna Barretto. .The Intellectual Property team was led by Partner Mukul Baveja.
Aditya Birla Fashion and Retail Limited is acquiring a 51% stake in the Indian luxury designer label Sabyasachi, a brand owned by Sabyasachi Mukherjee..Aditya Birla Fashion will infuse INR 398 crore in the label run by Sabyasachi Mukherjee, which is engaged in the manufacturing, distribution and sale of designer apparel, jewellery and accessories under its own brand..Khaitan & Co acted for Aditya Birla Fashion and Retail Limited. The core transaction team included Arindam Sarkar, Suhana Islam Murshedd, Shourya Sengupta, and Sneh Lata with assistance from thefollowing:Due diligence: Riya Dutta and Anwesha SinhaIntellectual Property aspects: Shailendra Bhandare, Sourav Dan, and Rhea GhanshaniFinalisation of the transaction structure: Kapish Mandhyan.Shardul Amarchand Mangaldas & Co advised Sabyasachi Couture and its partners, Sabyasachi Mukherjee and Sukumar Mukherjee. The team was led by Partner Jay Gandhi along with Principal Associate Rohan Jain and Associate Joanna Barretto. .The Intellectual Property team was led by Partner Mukul Baveja.