Lumiere Law Partners has recently advised DR Axion Co. Ltd., in sale of its majority stake in its Indian subsidiary DR Axion India Private Limited. The divested 76% stake has been acquired by Craftsman Automation Limited

Lumiere Law Partners advised DR Axion Co. Ltd., a company engaged in the business of manufacturing of auto parts, in its divestment from its Indian subsidiary DR Axion India Private Limited. The divested 76% stake has been acquired by Craftsman Automation Limited.

We were involved in undertaking a vendor due diligence on the Indian subsidiary, drafting, negotiating and finalising the transaction documents and assistance in closing.

The Team

Nishant Arora
Director

Aditya Raj Yadav
Senior Associate

Binny Chopra
Associate

Nishka Tyagi
Associate