Khaitan & Co advises Hindustan Composites on ₹370 crore sale of its friction business

M&A / JV 7 Aug 2026· ₹370 cr · Announced· ◔ Reported

Khaitan & Co advised Hindustan Composites Ltd on the sale of its friction business by way of slump sale to Rane (Madras) Limited for a total consideration of ₹370 crore. The core transaction team consisted of Kapish Mandhyan (Partner), Tanya Singh Shah (Principal Associate), Deep Shah (Principal Associate) and Arushi Dokania (Associate). The following provided assistance: Litigation aspects: Chakrapani Misra (Partner) and Pranali Ashish Vyas (Associate); Real Estate aspects: Abhiraj Gandhi (Partner), Karan Dattani (Principal Associate) and Aishwarya Ashish Ghule (Associate); Intellectual Property aspects: Adheesh Nargolkar (Partner) and Rashmee Kumar (Principal Associate); Tax: Jimmy Bhatt…

CounselKhaitan & Co
SectorConsumer & Retail
Value₹370 cr

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