March 6th, 2026 | New Delhi: Shardul Amarchand Mangaldas & Co. (“SAM”) acted as legal counsel to the Brookfield Promoter Selling Shareholder, Augment Infrastructure, Steadview Capital and Bain Capital on the initial public offering of equity shares by Clean Max Enviro Energy Solutions Limited (“IPO”) and certain related Pre-IPO transactions.
Clean Max is a provider of renewable energy to commercial & industrial customers with 15 years of experience since its inception in 2010. It specializes in delivering decarbonization solutions, including supplying renewable- power and offering energy services and carbon credit solutions to customers.
The SAM Capital Markets team advising the Brookfield Promoter Selling Shareholder was led by Nikhil Naredi (Partner) and Krupa Brahmbhatt (Partner), along with Ankita Singh (Associate).
The deal team advising Brookfield on all corporate-related matters, including all pre-IPO transactions was led by Jay Gandhi (Partner), Abhishek Parekh (Partner), along with Bharath Sridhar (Counsel), Samyukta Shetty (Senior Associate), Varshini Agarwalla (Associate) and Jay Sureka (Associate).
The Securities and Regulatory team advising the Brookfield Promoter Selling Shareholder was led by Manjari Tyagi (Partner), along with Deepika Goyal (Principal Associate), Roop Singh (Associate) and Kashvi Vachhani (Associate).
The SAM Capital Markets team advising Augment Infrastructure (acting as Investor Selling Shareholder) was led by Abhiroop Amitava Datta (Partner), along with Bhoomika Gupta (Associate).
The deal team advising Augment Infrastructure on pre-IPO transactions and corporate matters was led by V.R. Neelakantan (Partner) and Samridha Neupane (Partner), along with Siddharth Jain (Senior Associate).
The transaction team advising Steadview on legal and tax matters was led by Harshita Srivastava (Partner), along with Nimish Malpani (Principal Associate) and Palomita Sharma (Associate).
The deal team advising Bain Capital was led by Gunjan Shah (Partner) and Nirmal Mahtani (Partner), along with Siddharth Damle (Principal Associate) and Oorja Chari (Associate).
The Competition team advising Bain Capital was led by Rohan Arora (Partner) and Radhika Seth (Partner), along with Satvik Mohanty (Senior Associate).
Bain Capital was advised on the aspects of the Capital Markets of the transaction by Sayantan Dutta (Partner).
The Infrastructure team advising Bain Capital was led by Prashant Sirohi (Partner), Tinnish Sharma (Senior Associate) and Tanya Rathod (Associate).