LegaLogic Consulting advises Thermax Limited for investment in ExactSpace

We are pleased to announce that LegaLogic Consulting advised Thermax Limited (www.thermaxglobal.com) in investment transaction in ExactSpace (https://exactspace.co/).

Thermax has acquired 15.17% stake in Exactspace Technologies against investment of Rs.10 crore. Exactspace is engaged in the business of developing artificial intelligence solutions for energy industry.

https://www.business-standard.com/article/companies/exactspace-technologies-raises-1-4-mn-in-seed-funding-led-by-thermax-122022800595_1.html

https://www.icicidirect.com/research/equity/trending-news/thermax-to-acquire-16-stake-in-exactspace-technologies-for-rs-10-crore

LegaLogic (www.LegaLogic.co.in) was the sole legal counsel for Thermax and advised on the drafting, negotiation and finalisation of deal documentation, conducting due diligence and closing of the transaction.