11 Aug 2026
Trilegal advised Jupiter Wagons Limited and Jupiter Tatravagonka Railwheel Factory Private Limited (“Company”), in connection with a strategic partnership involving the acquisition of an equity stake in the Company by Lucchini RS and Simest (together with JWL, the “JV Partners”). Trilegal advised on all aspects of the transaction, including structuring, negotiation, drafting, and finalisation of the transaction documents, comprising of a shareholders’ agreement, share subscription agreement, marketing agreement, technical support agreement, and supply agreement, which govern inter alia the terms of governance, and the technical, commercial, and marketing collaboration between the JV Partners.
The partnership is aimed at creating India’s first fully integrated private-sector railwheel manufacturing platform, covering the complete value chain from raw material processing to finished railway wheels, axles and wheelsets, combining Jupiter Wagons’ manufacturing capabilities with Lucchini RS’s expertise in railwheel technology, engineering and metallurgy.
The transaction carries the backing of the Government of Italy under the Sistema Italia framework, coordinated by the Italian Ministry of Foreign Affairs. As part of the initiative, SIMEST, the internationalisation arm of the State -controlled CDP Group will participate as an equity investor, while CDP Group will provide dedicated financial and advisory support to Lucchini RS.
The Trilegal Corporate team advising on the transaction was led by Partners: Abhishek Guha and Mahesh Wasadikar; and supported by Senior Associate: Yash Modi; and Associate: Simran Chetwani.
The Trilegal Projects team advising on the transaction was led by Partner: Neeraj Menon; and supported by Counsel: Kaneeka Mehta; Senior Associate: Arsha Jha; and Associate: Yashaswi Belani.
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With 161 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,300 professionals across its Mumbai, Delhi, Gurugram, Bengaluru, Chennai, Pune, and GIFT City offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Law Firm of the Year at the ET Global Legal Awards2026, Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com.
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