Premji Invest’s Takeover of Baroda

AZB & Partners advised Premji Invest on the deal, while Pioneer Legal represented Best Value Chem Private Limited.

Premji Invest acquired a controlling stake in Best Value Chem.

PremjiInvest operates as a venture capital firm, and focuses on early and late stage investments, the Company targets textile, health care, and hospitality companies in India.

Best Value Chem Private Limited manufactures chemicals and offers chemicals for fragrance and flavour ingredients.

The AZB & Partners team was led by partners Srinath Dasari (Picture), Nanditha Gopal and senior associate Malaveeka Chakravarthy.

The Pioneer Legal team was led by partner Satish Kishanchandani, counsel Sanket Jain, associate Sidharth Mehndroo, senior associateTaskeen Hamid, principal associate Ambuj Sonal, associates Abhinav Anand and Associate Sana Nagar.

Involved fees earner: Malaveeka Chakravarthy – Azb & partners; Srinath Dasari – Azb & partners; Nanditha Gopal – Azb & partners; Abhinav Anand – Pioneer Legal ; Taskeen Hamid – Pioneer Legal ; Sanket Jain – Pioneer Legal ; Satish Kishanchandani – Pioneer Legal ; Sidharth Mehndroo – Pioneer Legal ; Sana Nagar – Pioneer Legal ; Ambuj Sonal – Pioneer Legal ;

Law Firms: Azb & partners; Pioneer Legal ;

Clients: Best Value Chem Private Limited; Premji Invest ;

Author: Michael Patrini