ChrysCapital Group has acquied a minority stake in Linux Laboratories Private Limited, a Chennai-based pharmaceutical company.
The transaction comprises a secondary acquisition of shares from the Promoters and Tata Capital Healthcare Fund II and, a primary subscription to shares proposed to be issued by the Target Company.
Shardul Amarchand Mangaldas & Co advised ChrysCapital Group on all legal aspects of the investment.
The transaction was led by Karun Prakash (Partner) and Sangamitra Sankaraiah (Partner), with support from Simran Khullar (Senior Associate), Amrusha Monga (Senior Associate) and Aradhana Parmeshwar (Associate).
The due diligence team included Karun Prakash, Sangamitra Sankaraiah, Pooja Ramchandani (Partner), Devaditya Chakravarti (Counsel), Suryansh Gupta (Principal Associate), Simran Khullar (Senior Associate), Associates Aradhana Parmeshwar, Shivani Pattnaik, Aagam Jain, Faiz Ahmad and Shalini Prem.
Rohan Arora (Partner) and Rahul Shukla (Principal Associate) advised on competition law aspects.
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