Khaitan & Co advised Kiwi Investments Ltd, a foreign promoter company of GKW Ltd in relation to acquisition of 14.99 % stake in GKW Ltd by Matrix, an Indian promoter company of GKW Ltd, as inter-se transfer between promoters by way of a private arrangement, as an off-market transaction for $3.7m approximately. Kiwi Investments Ltd is a foreign promoter company of GKW Ltd.
The core transaction team included Sharad Vaid, Partner; Shilpi Jain, Counsel; Shreya Gulati, Associate with assistance from Asim Chowdhary, Senior Associate.