Khaitan & Co Advised Daiwa Securities Group Inc On Its Proposed Investment In Ambit Wealth Private Limited

Khaitan & Co advised Daiwa Securities Group Inc on its proposed investment in Ambit Wealth Private Limited

The leading law firm Khaitan & Co advised Daiwa Securities Group Inc on its proposed investment in Ambit Wealth Private Limited (dba Ambit GPC), the wealth management arm of the Ambit Group, for a ~15% equity stake. The investment is aimed at capitalizing growth opportunities for AWPL within India’s wealth management sector. The transaction remains subject to customary closing conditions, including receipt of regulatory approvals in India.

Khaitan & Co advised Daiwa on all aspects of the transaction, including legal due diligence, regulatory compliance, and negotiation of transaction documents.

The core Khaitan & Co team comprised Anshuman Mozumdar (Partner), Aditi Halder (Senior Associate), Bimbita Kateel (Senior Associate), Amogh Pareek (Associate), Prakhar Khandelwal (Associate), Anshita Agrawal (Associate), Akshat Shukla (Associate), and Ranjul Malik (Associate).

The Anti-trust related aspects were handled by Anshuman Sakle (Partner), Anisha Chand (Partner), Soham Banerjee (Associate), Siddharth Bagul (Associate), and Vrinda Bhardwaj (Associate).

The Employment law aspects were advised by Deepak Kumar (Partner) and Archika Dudhwewala (Associate).

The Data privacy aspects were advised by Supratim Chakraborty (Partner), Sumantra Bose (Associate), and Shramana Dwibedi (Associate).

Other regulatory aspects were handled by Vivek Mimani (Partner), Prashant Ramdas (Associate), and Shambhavi Sinha (Associate).

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