Khaitan & Co acts for Chitrali Properties on investment deal with Blackstone

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Khaitan & Co advised Chitrali Properties on an investment by Blackstone Group through a subscription of (i) equity shares (representing 50 per cent of the post issue share capital of Chitrali) and (ii) listed non-convertible debentures.

The subscription amounts will be used for the expansion of Westend Mall and the construction of IT premises in Aundh, Pune.

The core Khaitan transaction team included Aakash Choubey (partner), Anuj Sah (associate partner), Aashutosh Sampat (principal associate), Shantanu Gupta (senior associate) and Nishant Prasad (associate) with assistance from Manisha Shroff (associate partner), Oindrila Bhowmik (associate) and Meenakshi Kurpad (associate) on the debenture related aspects of the transaction.

The post Khaitan & Co acts for Chitrali Properties on investment deal with Blackstone appeared first on The Lawyer | Legal News and Jobs | Advancing the business of law.



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