DSK Legal advised Tata Capital regarding investment in healthcare company

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LE Desk

New Delhi, July 23, 2021: DSK Legal advised Tata Capital Healthcare Fund II, acting through its investment manager Tata Capital Limited (“Tata Capital”) in relation to their investment in Atulaya Healthcare Private Limited, the Law Firm has announced. 

Atulaya Healthcare Private Limited is engaged in the business of providing diagnostic services including imaging, pathology, microbiology, specialized genetic tests, diagnostic services on public-private partnership model and operating cyclotron unit. The Company will use the proceeds from the investments to expand its business.  

DSK Legal assisted Tata Capital in inter alia : (i) conducting due diligence on the Company; (ii) drafting, reviewing, negotiating, amending and finalizing the Shareholders Agreement executed between Tata Capital, Company, and its Promoters; (iii) drafting, reviewing, negotiating, amending and finalizing the Share Subscription Agreement executed between Tata Capital, Company, and its Promoters; and (iv) assisting in execution and closing process of the transaction, the Law Firm said in a press statement.

The DSK Legal team for the above transaction was led by Principal Associate Shahin Umani, Senior Associate. Pooja Khanna and Associate Saumya Malviya. 

Hemang Parekh acted as the Engagement Partner for this assignment and provided crucial inputs on the transaction, DSK Legal said. 

Atulaya Healthcare Private Limited was represented by K Law. 

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