×

or

L. Capital Asia invests Rs. 900 million in Genesis Luxury Fashion Pvt. Ltd.

L. Capital Asia invests Rs. 900 million in Genesis Luxury Fashion Pvt. Ltd.

J. Sagar Associates advised L. Capital Asia, a Private Equity firm of LVMH group, who has invested an amount of Rs. 900 million to subscribe to (a) additional capital in Genesis Luxury Fashion Pvt. Ltd (GLF) increasing their stake to 39.8 % from 25.5% and (b) the rights issue of their Joint Venture with GLF, GLF Lifestyle Brands Private Limited. The JSA team comprised of Partners Akshay Chudasama and Manisha Kumar along with Senior Associate Roopal Kulsrestha.

About Lex Witness

Lex Witness Bureau

The LW Bureau is a seasoned mix of legal correspondents, authors and analysts who bring together a very well researched set of articles for your mighty readership. These articles are not necessarily the views of the Bureau itself but prove to be thought provoking and lead to discussions amongst all of us. Have an interesting read through.