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Firm Matters

BirlaNu Limited - Acquisition of the equity share capital of Clean Coats Private Limited

  • 10-Dec-2025

Khaitan & Co advised BirlaNu Ltd, a listed company of the CKA Birla Group, in relation to its 100% acquisition of the equity share capital of Clean Coats Pvt Ltd, for a cash consideration of up to INR 120,00,00,000 (Indian Rupees One Hundred and Twenty Crores). 

The Firm acted as the legal counsel to BirlaNu for the entire transaction and conducted a legal due diligence on Clean Coats and advised on the transaction documents including the share purchase agreement, completion and regulatory and listed company aspects.

Deal Team

BirlaNu Limited

The core team consisted of Niren Patel (Partner), Akhil Kumar (Senior Associate), Raghav Khetan (Associate) and Shrishti Mishra (Associate)

The deal was assisted by:

Employment, Labour & Benefits: Deepak Kumar (Partner), Ananya Gandhi (Associate) and Sukriti Shrivastava (Associate)

Intellectual property: Sourav Dan (Counsel), Shouraseni Chakraborty (Associate) and Vaishali Adhikari (Associate)x1

Competition / Antitrust: Anshuman Sakle (Partner), Rishabh Vohra (Senior Associate) and Vrinda Bhardwaj (Associate)