Advised on a family settlement leading to the acquisition and restructuring of the operating business of a listed specialty chemicals company.

The company is one of the leading specialty chemical conglomerates in India, engaged in the manufacturing of speciality chemicals formulated around specific applications and used solely in performance-critical applications, serving the key sectors across Globe of steel, aluminium, automotive, plastics and infrastructure development. Indcap acted as mediators-cum advisors to two groups in the family in arriving at an amicable settlement resulting in:

1. Acquisition of operating chemicals business by one family group
2. Realignment of shareholding and properties held invarious jointly owned companies including HSCL;
3. Commercial negotiations including valuation and structuring;
4. Finalization of legal documents drafted and vetted by various external professionals (viz.legal,taxation and compliances);
5. Closure of the transaction and remittances.
6. Assistance in Post closures issues.