October 1, 2026
Shardul Amarchand Mangaldas & Co (SAM) advised the ChrysCapital Group, on the acquisition of a minority stake in Linux Laboratories Private Limited (“Target Company”), a Chennai-based pharmaceutical company.
The transaction comprises of a secondary acquisition of shares from the Promoters and Tata Capital Healthcare Fund II and, a primary subscription to shares proposed to be issued by the Target Company.
SAM advised ChrysCapital Group on all legal aspects of the investment.
The transaction team was led by Karun Prakash, Partner; Sangamitra Sankaraiah, Partner; along with Simran Khullar, Senior Associate; Amrusha Monga, Senior Associate; and Aradhana Parmeshwar, Associate.
The due diligence team included Karun Prakash, Partner; Sangamitra Sankaraiah, Partner; Pooja Ramchandani, Partner; along with Devaditya Chakravarti, Counsel; Suryansh Gupta, Principal Associate; Simran Khullar, Senior Associate; Aradhana Parmeshwar, Associate; Shivani Pattnaik, Associate; Aagam Jain, Associate; Faiz Ahmad, Associate; and Shalini Prem, Associate.
Rohan Arora, Partner and Rahul Shukla, Principal Associate, advised on competition law aspects.
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