J. Sagar Associates (“JSA”) advised Cella Holdings Pte. Ltd., a Singapore affiliate of Xander Group Inc. (“Xander”) in connection with the acquisition of 100% (one hundred percent) of the shares of Bagnan Infra Private Limited (“Bagnan”), from the Jalan Builders Group based out of Kolkata, West Bengal. The transaction marks Xander’s first warehousing investment in eastern India.
The JSA Team comprised Joint Managing Partner and Lead Partner – Vivek K Chandy, Partner – Rishabh Gupta, Of counsel– Pooranimaa Hariharan, Associate – Sanjna Vijh and Paralegal – Suma V R.
The title diligence team comprised Partner – Malini Raju and Counsel – Sunanda G.
JSA also advised on refinancing the existing loans of Bagnan through ICICI Bank Limited. The JSA Team comprised Partner – Archana Tewary, Of Counsel – Priyesh Sharma and Associate – Ananda Chakraverty.