Khaitan & Co has provided legal counsel for Standex International's two-stage acquisition of Amran and Narayan Powertech. The firm navigated Indian foreign-exchange regulations and competition law during the transaction.
Khaitan & Co Supports Standex in Strategic Acquisition
Standex International Corporation has successfully completed a two-stage cross-border acquisition of Amran, LLC, and Narayan Powertech Private Limited. In this complex transaction, Khaitan & Co acted as the legal advisors to the Amran/Narayan Group, facilitating the interests of the founding shareholders and the Shah family.
The legal team at Khaitan & Co played a crucial role in structuring the transaction according to Indian law, providing insights into foreign-exchange regulations and compliance with the Reserve Bank of India (RBI) mandates. Additionally, the firm performed an in-depth analysis of Indian competition law to ensure that the acquisition adhered to applicable regulatory frameworks.
This acquisition signifies a strategic move for Standex, which aims to enhance its operational capabilities in the energy sector. The multidisciplinary approach adopted by Khaitan & Co reflects its ability to navigate complex legal landscapes effectively, ensuring all transaction components align with local and international legal standards.
Legal professionals in corporate law and M&A should observe the frameworks and methodologies employed in this acquisition. The transaction illustrates the critical importance of thorough legal structuring and regulatory compliance in cross-border mergers and acquisitions.
Citations
- Standex International Corporation v. Amran/Narayan Group (2026) Corporate Advisory
