Ministry of Corporate Affairs relaxes norms for reverse-flipping in India

By : Shishank Shaw INTRODUCTION : The Ministry of Corporate Affairs (“MCA”) vide its notification dated September 09, 2024, has issued the Companies (Compromises, Arrangements, and Amalgamations) Amendment Rules, 2024 (“Amendment Rules”) aimed at simplifying the regulations for ‘reverse flipping’ in India. The Amendment Rules are effective from September 17, 2024. This move comes as […]
Read more

ECOMARK RULES 2024: PROMOTING ECO-FRIENDLY PRODUCTS IN INDIA

By : Aishwarya Dhananjay Deshpande INTRODUCTION : The Ministry of Environment, Forest and Climate Change (“MoEFCC”) introduced the Ecomark Rules, 2024 (“Rules”), a significant initiative aimed at fostering sustainable consumption and production in India. The overarching goal of these Rules is to promote eco friendly and green industries in the path to a sustainable future. […]
Read more

Samisti Legal has represented as Legal Counsel to Ekincare in in its fund raise round by Sagana Capital

Samisti Legal has acted as a Legal Counsel in the fund raising round of Ekincare from Sagana Capital. The Team was led by our Managing Partner, Mr. Prashant Kumar Jain.
Read more

Samisti Legal has assisted as legal counsel of a key shareholder in the proposed IPO of Aris Infra Solutions.

Samisti Legal has assited as legal counsel to one of the substantial shareholders of Aris Infra solutions in the proposed Initial Public Offering of ₹600 crores. The Team was led by our Managing Partner, Mr. Prashant Kumar Jain. Please read in details at the following link:  https://www.livemint.com/market/ipo/arisinfra-solutions-files-draft-papers-with-sebi-for-600-crore-ipo-details-here-11723636492870.html
Read more

Samisti Legal has advised eYantra Ventures Limited on their strategic acquisition in Neuro and Spine Associates

Samisti Legal has advised eYantra Ventures for its strategic acquisition of 60% (sixty percent) stake in Neuro and Spine Associates Private Limited. This ₹15 crore investment solidifies eYantra’s entry into the healthcare sector. The Team for the transaction was led by our Managing Partner, Mr. Prashant Kumar Jain alongside Associate  Partner Mrs. Anita Dugar and […]
Read more

Samisti Legal acted as legal counsel to Zaggle for its acquisition in Mobileware Technologies

Samisti Legal has acted as legal counsel to Zaggle for its acquisition of 26% (twenty-six percent) stake in Mobileware Technologies. The Team was led by our Managing Partner, Mr. Prashant Kumar Jain alongside Associate  Partner Mrs. Anita Dugar and Principal Associate Mr. Abhishek Gupta. Please read in detail at the following link: https://economictimes.indiatimes.com/tech/funding/saas-fintech-firm-zaggle-picks-up-26-stake-in-mobileware-technologies/articleshow/113675689.cms?from=mdr
Read more

Samisti Legal has acted as legal advisors to XTGlobal Inc. for its successful listing on the National Stock Exchange

Samisti Legal has acted as legal advisors to XTGlobal Inc. for its successful listing on the National Stock Exchange. The Team was led by our Managing Partner, Mr. Prashant Kumar Jain alongside Associate Ms. Monica Thakur. Please read in detail at the following link: https://www.business-standard.com/markets/xt-global-infotech-ltd-share-price-12674/announcements/bse-exchange-43983932
Read more

Samisti Legal has represented Validus Fintech and its founders for its seed funding round from AUM Ventures

Samisti Legal has assisted Validus Fintech Services Pvt Ltd. and its founders for its seed funding round from AUM Ventures and other strategic investors. The Team for this transaction was led by our Managing Partner, Mr. Prashant Kumar Jain. Please read in detail at the following link: https://inc42.com/buzz/validus-bags-seed-funding-to-offer-digital-solutions-to-investors/
Read more

Samisti Legal has acted as Legal Counsel to Autocracy Machinery and its founders for its pre-Series A funding round led by Venture Catalysts

Samisti Legal has acted as Legal Counsel to Autocracy Machinery and its founders for its pre-Series A funding round of ₹ 5 crores led by Venture Catalysts, with participation from SFour Capital, Nikhil Jaisinghani and Bharat Jaisinghani. The Team was led by our Managing Partner, Mr. Prashant Kumar Jain. Please read in detail at the […]
Read more

Samisti Legal has acted as the Legal Counsel to Melooha and its Promoter for its equity fund raise in angel funding

Samisti Legal has represented, Melooha and its Promoter, as Legal Counsel, for its equity fund raise round of $ 6,35,000 in angel funding led by US-based venture capital firm Streak Ventures LLC. The Team was led by our Managing Partner, Mr. Prashant Kumar Jain alongside Associate Partner, Mrs. Anita Dugar. Please read in detail at […]
Read more