Cyril Amarchand Mangaldas advised Triveni Power Transmission Limited (“TPTL”) in relation to listing of its equity shares on BSE Limited and National Stock Exchange of India Limited, pursuant to the demerger of the power transmission business of Triveni Engineering and Industries Limited (“TEIL”) into TPTL in terms of a scheme of arrangement. TPTL’s market capitalization on the date of listing was ~ INR 7,000 crore.
The capital markets team advising TPTL was led by Devaki Mankad, Partner (Regional Co-Head – Capital Markets – West); with the support from Sachin Santuka, Senior Associate; Aniruddh Saraswat, Eashaan Agrawal, Gaurav Lalwani and Alok Antony, Associates.
The corporate team was led by Ramgovind Kuruppath, Partner — (Co-Head — Corporate M&A); with support from Surabhi Saboo, Principal Associate; Lokesh Soni and Ananya Saria, Associates.
Amita Katragadda, Partner (Deputy Head – Disputes); provided strategic inputs.
