Khaitan & Co advised Piramal Finance Limited and Piramal Enterprises Limited in relation to financing of INR 540 crores to Transcon – Sheth Creators Private Limited for the purpose of construction and development of residential project named Project Auris Serenity situated in Malad, Mumbai. Kumar Saurabh Singh (Partner), Rolwine Alva (Senior Associate), Nikita Nehriya (Senior Associate) and Abhay Agarwal (Associate) represented the client on the transaction. Piramal Finance Limited is the NBFC arm of Piramal group, involved in providing specialized solution in the areas of corporate and real estate finance. The flagship company of the Piramal Group, Piramal Enterprises Ltd, has business interests in Pharma, Information Management, and Financial Services verticals of the group.
Deloitte is hunting for an in-house lawyer, rather than a senior lawyer from private practice, to lead its launch into the UK legal market.