29 Mar 2023
Deal: Sale of polyesters business of Shubhalakshmi Polyesters and Shubhlaxmi Polytex to Reliance Polyester
14 Mar 2023
14 Mar 2023
Trilegal advised Shubhalakshmi Polyesters Limited and Shubhlaxmi Polytex Limited in the sale of polyester business to Reliance Polyester Limited (a wholly owned subsidiary of Reliance Industries Limited). Trilegal advised on all aspects of the transaction including drafting/ review and finalisation of the transaction documents, negotiations, drafting/ review of the closing documents and advising on the closing process.
Shubhalakshmi Polyesters Limited manufactures textile products. It offers twisting, fancy, air tex, poy, texturing, fully drawn, and specialty yarns, as well as chips and polyester staple fibers.
The deal was led by our Corporate Partners Nishant Parikh, and Kunal Chandra along with Counsel, Romit Dey and Senior Consultant, Monik Damania.
About Trilegal
Trilegal is one of India’s leading law firms, with expertise across the full spectrum of corporate legal services. Trilegal has offices in four key cities of India.
Trilegal has been recognised as the ‘Firm of the year’ for Client Service Excellence by Asia Law Awards 2021; “M&A Law firm of the Year”by VCCircle Awards 2020; ‘Law Firm of the Decade’ at the RSG Grow India Summit and Awards 2019; one of the most innovative law firms in Asia in the inaugural edition of ALB Trailblazers 2020 and ‘highly commended’ in the FT RSG Innovative Lawyers Awards 2020. Trilegal has also been recognised as one of the ‘Best Overall Law Firms in India’ as part of the India Business Law Journal Annual Indian Legal Awards 2021.
For more information, please contact:
Sahil Wason
Mob: +91-8928008122 | BD@trilegal.com
Key Considerations to Interpret the Supreme Court Judgment on the Eligibility of the Input Tax Credit
29 Mar 2023
Podcast: Perspectives on whether there is a need for the Digital Competition Act and an ex-ante approach to regulating the digital economy
29 Mar 2023
Trilegal re-inducts Akshay Jaitly to the partnership
27 Mar 2023This page contains general information regarding Trilegal and is not intended as a solicitation or an advertisement of its services or any invitation or inducement of any sort. Nothing contained in this website constitutes legal advice or creation of a lawyer-client relationship. If you have any issues, you must seek legal advice. Trilegal is not liable for the consequences of any action taken by relying on the material/information provided on this website. For more information, please read our terms of use and our privacy policy.
