The promoters of Ginni Global Private Limited, one of the group companies of Jaipuria group, have sold 100% of their shares held in Ginni Global to Onward Solar Power Private Limited for an undisclosed amount..Lakshmikumaran and Sridharan acted as the legal counsel to the promoters of Ginni Global and advised them on legal, regulatory and direct tax aspects of the transaction including deal documentation, negotiations and closing the transaction. The LKS Corporate and M&A team consisted of Sudish Sharma (Executive Partner), Shivank Arora (Principal Associate) and Apurva Jain (Senior Associate).The LKS Direct Tax team consisted of S Vasudevan (Executive Partner) and Harshit Khurana (Principal Associate). .Ginni Global Private Limited has 2 (two) hydel power projects namely, (i) Taraila hydroelectric power project (5 MW) which is located in Chamba district, Himachal Pradesh and (ii) Balsio hydoelectric power project (5 MW) which is located in Chamba district, Himachal Pradesh..If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.
