JSA Advises PPAP Automotive Limited on Sale of 50% Stake in Joint Venture to Tokai Kogyo Co. Ltd.

  • Deal
  • February 26, 2026

JSA Advocates & Solicitors (JSA) assisted PPAP Automotive Limited in the sale of its 50% stake in its joint venture, PPAP Tokai India Rubber Private Limited, to its joint venture partner, Tokai Kogyo Co. Ltd. The transaction marks the exit of PPAP Automotive Limited from the joint venture.

The transaction was led by Sidharrth Shankar, Partner, Sidharth Sethi, Partner, Prakriti Jaiswal, Partner, and Shreya Sircar, Partner, and they were supported by Aditya Vardhan Dayal, Principal Associate; Pranav Rao N, Senior Associate; Eksha Narayan, Senior Associate, and Shivangi Pathak, Associate.