Trilegal is representing Hyundai Motor India Limited (HMIL) on its potential acquisition of identified assets, land and buildings, plant and machinery situated at General Motors India Private Limited (GM INDIA) manufacturing facility in Talegaon, Maharashtra. The parties have executed a binding term sheet on 13 March 2023, and transaction is subject to execution of definitive agreements and fulfilment of customary conditions precedent (including relevant governmental and regulatory approvals).
The deal is being led by our National corporate practice group head Yogesh Singh and Ankush Goyal (Partner) and deal team comprises of Dhruv Chatterjee (Counsel) and Nikhil Issar (Associate). Apeksha Mattoo (Partner, along with Raisa Pinto and Anish Malik) and Gautam Chawla (Partner, along with Ankush Walia, Madhav Kapoor and Akankshha Agrawal) advised on employment and competition law aspects.
The diligence also involved Siddharth Ranade (Partner), Sadaf Shaikh (Counsel), Nishi Bhankharia, Ritika Ajitsaria, Pallav Gupta, Harshit Goyal, Rohan Kohli, Satabdi Dash, Ayesha Alware, Raghav Bhargava, Sharul Jain and Aviva Jogani.
HMIL was internally led by General Counsel Yogesh Wadhwa and was assisted by Anil Kumar and Chinmoy Shah from the Legal Team and Vidya M V and Divya Venkat from the Secretarial Team.
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.
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