RPG Life Sciences Limited has carved out its active pharmaceutical ingredients (API) business into a wholly-owned subsidiary company, RPG Active Pharma Limited.

Khaitan & Co advised RPG Life Sciences on this business carve-out as well as on the subsequent investment by PE-investor InvAscent.

The transaction team consisted of Haigreve Khaitan (Managing Partner), Shishir Jose Vayttaden (Partner), Aditi Singhvi (Partner) and Bhaskar Vishwajeet (Associate), with assistance from the following:

Corporate: Purti Minawala (Partner), Sweta Rao (Counsel), Harshita Jajodia (Senior Associate), Henna Kapadia (Senior Associate) and Apurva Singhi (Associate);

ELB: Deepak Kumar (Partner); Archika Dudhwewala (Principal Associate);

Intellectual property aspects: Shailendra Bhandare (Partner), Nirupam Lodha (Partner), Vaishali Adhikari (Senior Associate), Toshani Mukherjee (Senior Associate) and Rebecca Cardoso (Associate).

Direct Tax: Hiten Kotak (Executive Director); Jimmy Bhatt (Partner) and Gaurav Rajan (Senior Associate);

Indirect Tax: Dinesh Agrawal (Executive Director); Pranay Sahay (Principal Associate);

Public M&A: Anvita Mishra (Counsel);

Real estate aspects: Harsh Parikh (Partner); Abhiraj Gandhi (Partner); Rahul Agarwal (Principal Associate); Shrey Bheda (Principal Associate); Raghav Pareek (Associate).

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