Rajani Associates has recently acted for, and advised LEAP India Private Limited (the “Company“) in relation to investment of Rs.50,00,00,000 by Sargam Retails Private Limited (“Series D Investor“) in the Company by way of:
- subscription to Series D cumulative participating compulsorily convertible preference shares (“Series D CCPS“) for a consideration of Rs.30,00,00,000; and
- purchase of Series B cumulative participating compulsorily convertible preference shares (“Series B CCPS“) from certain Series B CCPS holders for a consideration of Rs.20,00,00,000.
The Company is engaged in the business of purchase, sale and renting of pallets, totes, crates, belts, wedges and foldable containers.
Scope of Work: The scope of work for Rajani Associates included drafting and finalising:
- Share Subscription Agreement for Series D CCPS;
- Share Purchase Agreement for Series B CCPS.
RA has been advising the Company on all the series of investment till date.
Transaction Team: Prem Rajani, Managing Partner, Pearl Boga, Principal Associate and Karen Issac, Associate.
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