July 11, 2023
Shardul Amarchand Mangaldas advised Kansai Nerolac Paints Limited (“Seller”) on sale of land to Shoden Developers Private Limited (“Purchaser”). The seller has sold its ownership land rights at Kavesar, Thane admeasuring approximately 97,090 square meters with the transfer of rights in land admeasuring 6,300 sq. mts. The deal was valued approximately at INR 671,00,00,00.
The transaction team was led by Bhoumick Vaidya, Partner; and Sanchi Bansal; Senior Associate.
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