JSA Advises Ashok Iron Works on IndiaRF Majority Stake Acquisition

JSA Advocates and Solicitors advised Fine Edge Engineering Private Limited and its related entities which house the iron casting and machining business of the Ashok Iron Works and its related entities, in relation to the acquisition of a majority stake by India Resurgence Fund.The transaction team was led by Sidharrth Shankar (Partner), with Prakriti Jaiswal (Partner) and Dhruv Malhotra (Partner), with support from Rishika Agarwal (Senior Associate), Kirti Vardhan Singh (Associate) and Vadi PS (Senior Company Secretary).Ashok Iron Works Group is a market leader in the manufacturing of machined iron castings, operating 4 foundries and 7 machine shops in Belagavi, Karnataka. The Company manufactures engine blocks, engine heads and transmission housings ranging from 20 kg to 5,000 kg and one of the few Indian players with the capability to manufacture such engine blocks, serving diversified end-markets including industrial engines, farm equipment and automotive.If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.