Borosil Renewables Limited (BSE:502219) agreed to acquire Interfloat Gmb-beteiligungsgesellschaft mbh from HSTG Glasholding GmbH and Blue Minds IF Beteiligungs GmbH on April 25, 2022. The transaction is subject to the fulfillment of customary regulatory approvals and is expected to be completed in the first half of 2022. Lincoln International Advisors Pvt.

Ltd acted as financial advisor to Borosil Renewables Limited in the transaction. Benjamin Parameswaran, Timo Betjemann, Henriette Norda, Verena Grentzenberg, Burkhard Führmeyer, Semin O, Lars Reubekeul, Cornelius Frie, Ludger Giesberts, Susanne Weckbach, Mirjam Rüve, Miray Kavruk, Thilo Streit, Raimund Behnes, Enno Ahlenstiel, Dominique Ferrari, Isaschar Nicolaysen of DLA Piper Germany acted as legal advisor to Borosil Renewables Limited. Also in coperation with DLA Piper Germany, Haigreve Khaitan and Kapish Mandhyan of Khaitan & Co.

acted as legal advisor to Borosil Renewables Limited. Christian Herbst, Maximilian Lang and Volker Weiss of Schönherr Rechtsanwälte Gmbh acted as legal advisor to HSTG Glasholding GmbH and Blue Minds IF Beteiligungs GmbH.