TT&A, JSA act on Romsons securing investment from Temasek subsidiary

Romsons Group Private Limited has secured an investment from Jongsong Investments Pte. Ltd., an indirect wholly owned subsidiary of Temasek Holdings (Private) Limited.

TT&A advised Romsons with relation to the investment as well as the sale of certain shares of Romsons by the promoter group and other shareholders to Temasek.

The transaction team consisted of Gautam Saha (Joint-Managing Partner), Shivranjani Ralawata (Partner), Nishant Singh (Managing Associate) and Eshani Agarwal (Associate).

Sonam Mathur (Partner), Samriddha Gooptu (Senior Associate) and Indrayani Bhadra (Associate) advised on competition law aspects of this deal.

JSA Advocates & Solicitors advised Temasek on this transaction.

The transaction team was led by Vikram Raghani (Senior Partner), with support from Rishabh Gupta (Partner), Yashvi Singh (Partner) and Vwastav Ghosh (Partner), Tavishi Chandra (Senior Associate), Associates Trisha Mishra, Tanya Byndoor, Megh Panchal and Pranjal Shorey.

The employment law aspects of the transaction were led by Preetha Soman (Partner) and Aishwarya Maria Manjooran (Senior Associate).

The real estate aspects of the transaction were led by Bharat Bhushan Sharma (Partner), with support from Mohit Aggarwal (Senior Associate) and Kajal Kashyap (Senior Associate).

The competition law aspects of the transaction were advised on by Vaibhav Choukse (Partner) and Ela Bali (Partner), with support from by Aditi Khanna (Principal Associate), Faiz Siddiqui (Senior Associate), Associates Priyanshi Jain and Yaatri Shah.

Founded in 1952 by Ram Lal Khanna, Romsons pioneered the transition from reusable surgical equipment to single-use, disposable medical devices in India to reduce hospital infection rates.

This investment will help Romson expand its already significant presence in the medical devices and personal care & hygiene sectors.

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