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Some of the key assignments in these areas handled and being handled by Ankita amongst others, cover the following:

• Advised Allianz SE in relation to:
• its exit from its erstwhile life and non-life insurance Indian joint ventures with Bajaj.
• its agreement to form a 50:50 domestic reinsurance joint venture in India with Jio Financial Services Limited.
• its proposed 50:50 joint venture in general insurance with Jio Financial Services.
• Advised Dell Technologies Inc. and its Indian subsidiaries in relation to the India leg of the global divestiture of Dell’s RSA security business to Symphony Technology Group Partners, LLC (and its participating investors – Ontario Teachers’ Pension Plan Board and AlpInvest Partners).
• Advised Ford Motor Company and its Indian subsidiaries in relation to its sale / transfer, to Tata Passenger Electric Mobility Limited, a Tata Motors Limited subsidiary, of Ford India’s Sanand vehicle manufacturing plant.
• Advised Hero MotoCorp Limited in relation to:
• its participation in Series C1, Series D, Series E, Series E1, Series G (pre-IPO round) and bridge financing round in Ather Energy Private Limited, an electric two-wheeler manufacturer.
• its strategic alliance with Zero Motorcycles Inc. for development of two-wheeled electric vehicles.
• its collaboration with Harley-Davidson Motor Company, Inc., to develop and manufacture a new motorcycle for domestic and select international markets and expand its partnership to cover additional variants of existing motorcycles.
• a master distributorship in India for Harley-Davidson Motor Company Group LLC.
• Advised Hero FinCorp Limited and its promoter group entities in relation to the investment in Hero FinCorp Limited by ChrysCapital, Credit Suisse, Apis Partners and certain promoter group entities of Hero FinCorp Limited.
• Advised IBM Corporation and its subsidiaries in relation to the India leg of global separation of the Managed Infrastructure Services (MIS) business of IBM’s Global Technology Services segment into a new public company, Kyndryl Holdings LLC.
• Advised JSW Green Mobility Limited in connection with its investment in Lithium Urban Technologies Private Limited as a strategic investor.
• Advised one of US’ leading non-profit health care providers in establishment of an assisted captive global capability centre in India with end-to-end support on matters concerning India entry and structuring, entity formation, real property, obtaining of business licenses and registrations, labour and employment issues and assisting with exchange control issues and compliances.
• Advised L&T Semiconductor Technologies Limited, a subsidiary of Larsen & Toubro Limited in its 100% acquisition of Siliconch Systems Private Limited, a fabless semiconductor design company.
• Advised Napino Auto & Electronics Limited on its fund-raise from International Finance Corporation.
• Advised Pawan Munjal Family Trust in relation to:
• their investment in Ola Electric Mobility Private Limited.
• the Series D Investment Round of Roppen Transportation Services Private Limited.

Some key matters handled by Ankita in previous assignments include the following:

• Assisted a leading manufacturer of automobile components in the acquisition of 100% equity stake in an Indian company engaged in the manufacture of starter motors and alternators. The transaction included conducting due diligence exercise on the target company and drafting and negotiation of the share purchase agreement.
• Advised an Indian client, engaged in the business of rendering software development and information technology enabled services, on fast-track merger with its wholly owned subsidiary entity. The transaction included providing advisory on the process involved, drafting the scheme for merger and other ancillary documents.
• Assisting a Korean client, engaged in the business of manufacturing mobile equipment, in the acquisition of 100% equity stake in an Indian company. The transaction included conducting of due diligence exercise on the target company and drafting and negotiation of the share purchase and share subscription agreement.
• Advised clients within and outside India, acquiring businesses in India, on the consequences of retrenchment, dismissal of employees, resignation, transfer of employment and assisted and advised them on strategizing the acquisition with minimum consequences from a labour law perspective.