Trilegal Advised Thriveni Earthmovers Private Limited On Proposed Sale Of Majority Stake In Thriveni Pellets To Tata Steel
Trilegal advised Thriveni Earthmovers Private Limited on Proposed Sale of Majority Stake in Thriveni Pellets to Tata Steel
The leading law firm in India, Trilegal advised Thriveni Earthmovers Private Limited, a leading mine developer and operator in India, on the proposed sale of a 50.01% equity stake in Thriveni Pellets Private Limited to Tata Steel Limited.
Upon completion of the transaction, Tata Steel will hold a majority stake in Thriveni Pellets, with the remaining 49.99% held by Lloyds Metals and Energy Limited, a leading metals and mining company. The transaction is subject to regulatory approvals.
The Trilegal corporate team advising on the matter was led by Aniruddha Sen (Partner) and Prarthna Baranwal (Partner), and comprised Debanjana Mukherjee (Counsel), Sampurna Kanungo (Senior Associate), and Swikruti Nayak and Aditya Desai (Associates).
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