The Company is engaged in the business of manufacturing (raw material) molasses, grain and/or sugar cane juice based, extra neutral alcohol, ethanol, rectified spirit and special denatured spirit (“Business”). The Company plans to be one of the leading ethanol suppliers in the country under the Government of India’s Ethanol Blending Programme and National Policy on Biofuels. DSK Legal assisted in, inter-alia: (i) advising on the overall structure of the Transaction; (ii) conducting legal due diligence on the Company and due diligence on the land held by the Company; (iii) drafting, reviewing, negotiating and finalizing of: (a) share purchase agreement executed amongst Hold Co., Company, and the Existing Shareholders; (b) share subscription and shareholder’s agreement executed at Hold Co by GCPEL, GAR and other investors; (c) sale deeds executed between the Hold Co. and the respective Land Owners; and (d) other ancillary documents in relation to the Transaction; and (iv) assisting in execution and closing of the Transaction. The team representing DSK Legal comprised of Mr. Jayesh Kothari (Associate Partner), Ms. Hemanshi Gala (Associate) and Mr. Kunal Chopra (Associate). They were assisted by Mr. Sagar Kadam (Partner) and Ms. Kinjal Gandhi (Associate) on the real estate aspects of the Transaction. Mr. Hemang Parekh (Partner) provided strategic inputs on the structure of the Transaction. The Company and the Existing Shareholders were represented by Federal & Company.