News and developments

TRANSACTION SUMMARY: F. S. Fehrer Automotive GmbH, Germany

DSK Legal assisted the Seller in inter alia: (i) reviewing the joint venture agreement executed between HSSL and the Seller (“JVA”) and drafting of notices and responses under the JVA; (ii) drafting, reviewing, negotiating, amending and finalizing the share purchase agreement; (iii) drafting, reviewing, negotiating, amending and finalizing various other ancillary documents/agreements related to the Transaction; (iv) assisting in the execution of the definitive documents for the Transaction; and (v) assisting in closing of the Transaction. The DSK team representing the Seller comprised of Partner, Mr. Hemang Parekh; Associate Partner, Mr. Jayesh Kothari and Associate, Ms. Hemanshi Gala. KPMG acted as financial advisors to the Seller. The Company and Minda were represented by their in-house legal team.