• Lex Favios acted as legal counsel to Sunflame Enterprises in connection with its acquisition by V-Guard Industries Limited for a deal valued at Rs. 660 Crore on a cash-free and debt-free basis. V-Guard acquired 100% of the stake in Sunflame, funding the transaction through a mix of internal accruals and debt. The acquisition is in line with V-Guard’s strategy to strengthen its position in the domestic kitchen appliances segment, with Sunflame operating pan-India under the Sunflame brand.
  • Lex Favios acted as legal counsel to Stark Future (Spain), alongside BDO Legal Spain, in connection with its strategic collaboration with Eicher Motors for the joint development of leisure electric motorcycles. As part of the transaction, Eicher Motors made an investment of EUR 50 million to acquire a 10.35% stake in Stark Future.
  • Lex Favios acted as legal counsel to Gibraltar Technologies (UAE) in connection with its acquisition of HCL Infotech Ltd., part of the HCL Group, for AED 74.6 million (approximately INR 147 Crore). As part of the transaction, the AI-based digital solutions company acquired the assets, 800 employees, and customer contracts managed by HCL Infotech.
  • Lex Favios acted as legal counsel to Novezo Consulting in connection with its acquisition of HCL Infosystems. The Board of Directors of HCL Infotech Ltd. approved the sale of HCL Infosystems to Novezo Consulting.
  • Lex Favios acted as legal counsel to Engineers India Limited, a listed public sector undertaking, in connection with the proposed acquisition of Projects and Development India Limited (PDIL). The firm conducted a comprehensive legal due diligence of PDIL and assisted in vetting and negotiating the transaction documents.
  • Lex Favios acted as legal counsel to Olam International, a Singapore-based company, in connection with its acquisition of a sugar unit of Girdharilal Sugar and Allied Industries Limited through Olam’s Indian subsidiary.
  • Lex Favios acted as legal counsel to the promoters of Vastu Housing Finance Corp in connection with the setting up of a non-banking financial company (NBFC). The firm assisted in the subscription and purchase of shares, formulation of the shareholders’ agreement, and all ancillary work.
  • Lex Favios acted as legal counsel to One Point One Solutions Limited in connection with its acquisition of 100% of the shares of IT Cube Solutions Private Limited. The firm assisted in drafting and negotiating the Share Purchase Agreement.
  • Lex Favios acted as legal counsel to Niveshan Technologies India Private Limited in connection with a Share Subscription and Shareholders’ Agreement pursuant to which Bitzero Blockchain Inc. invested a total of U.S.$6.25 million in two tranches into Niveshan Technologies India Private Limited.
  • Lex Favios acted as legal counsel to Ashvandana Management Holdings Private Limited (JPM) in connection with a new joint venture with C4V. JPM and C4V incorporated a new company in India with an initial authorised share capital of INR 5,00,00,000 consisting of 50,00,000 shares of INR 10 each.
  • Lex Favios acted as legal counsel to Poddar Housing and Development Limited in connection with a Subscription Agreement pursuant to which Slate Edge Limited invested INR 15,76,00,000 in exchange for an allotment of 9,85,000 shares of Poddar Housing and Development Limited.
  • Lex Favios acted as legal counsel to Sirca Paints India Limited in connection with the purchase of New Wembley Products LLP’s business. The firm drafted the Business Transfer Agreement and the Contract Manufacturing Agreement.
  • Lex Favios acted as legal counsel to Sirca Paints India Limited in connection with the acquisition of the entire business under the “Wembley” brand from Wembley Paints & Chemicals, Indo Wembley Paints Private Limited, and Wembley Sales Corporation. The firm’s role encompassed drafting and negotiating the Business Transfer Agreement, Lease Deeds, and Trademark Assignment Agreements.