CAM Advises AMI Paradigm on ₹452.5 Cr LTTS Smart World Business Acquisition
The transaction strengthens AMI Paradigm’s capabilities in large-scale government technology systems and digital infrastructure solutions.
The transaction strengthens AMI Paradigm’s capabilities in large-scale government technology systems and digital infrastructure solutions.
The transaction involved demerger and amalgamation of NBFC and asset management businesses, alongside regulatory, ESOP, and competition law advisory.
Cyril Amarchand Mangaldas represented a consortium of lenders including MUFG Bank and Sumitomo Mitsui Banking Corporation on ECB and guarantee facilities extended to Rajasthan Part I Power Transmission Limited, a subsidiary of Adani Energy Solutions. The financing supports a major 6000 MW HVDC transmission project spanning Rajasthan and Uttar Pradesh.
The firm also advised promoter selling shareholders on Indian law aspects. The shares were listed on BSE and NSE on March 11, 2026
The transaction marks one of the largest renewable energy IPOs of 2026, attracting strong investor interest despite volatile capital market conditions.
The financing supports the development of a 300 MWAC solar power project in Bikaner, Rajasthan, with NHPC Limited as the power offtaker.
The transaction strengthens infrastructure investment in India’s road sector and reflects growing institutional interest in operational HAM highway projects.
Upon completion, QBE will hold 100% ownership of the insurer, marking the first transaction enabling full foreign ownership in an Indian insurance company following the recent FDI liberalisation.
Cyril Amarchand Mangaldas advised Standard Chartered Bank’s Head of CRES for India, ASEAN and South Asia on the bid process sale of a prime office unit in the Crescenzo Business District at Bandra Kurla Complex (BKC), Mumbai, spanning over 27,000 sq. ft., along with rights to 27 car parking spaces.
The transaction involved a combination of primary investment and secondary acquisition from existing investors, including Stakeboat Capital, reflecting continued investor interest in India’s healthcare services sector.
The collaboration aims to expand a globally recognised early childhood education model in India by integrating ELV’s learning environment with Lighthouse Learning’s growing network of premium education brands.
RMZ will invest up to ₹1,283 crore in the project, marking a significant real estate collaboration in the NCR region.
The transaction involved multidisciplinary advisory on structuring, real estate diligence, financing documentation, regulatory compliance and acquisition documentation.
The firm assisted with transaction structuring, due diligence, documentation, negotiations, and closing under a share subscription and shareholders’ agreement.
Cyril Amarchand Mangaldas acted as lenders’ legal counsel to a consortium of leading global banks on a USD 400 million external commercial borrowing facility extended to Piramal Finance Limited, marking one of the most significant cross-border financing transactions in India’s NBFC sector.
Cyril Amarchand Mangaldas advised Deutsche Bank AG and Axis Bank Limited on GMR Hyderabad International Airport Limited’s ₹2,100 crore listed, secured, rated non-convertible debentures issuance, acting for the arrangers and initial NCD holders in one of the significant airport infrastructure bond transactions.
Cyril Amarchand Mangaldas advised Inox Clean Energy Limited and SkyPower Group on the 100% sale of SkyPower Services MENA Ltd. and a strategic joint venture with RJ Corp to expand into Africa’s renewable energy sector, targeting 2.5 GW capacity through solar projects in DRC, Zambia and Zimbabwe.
Cyril Amarchand Mangaldas advised Kwality Wall’s (India) Limited on the listing of its equity shares on BSE and NSE following the demerger of Hindustan Unilever Limited’s ice cream business into KWIL under a scheme of arrangement. The firm also acted as sole transaction counsel to HUL on the demerger and listing.
The transaction supports large-scale residential development in Bengaluru and Chennai and involved multidisciplinary advisory on corporate structuring, financing documentation, regulatory compliance, and land diligence.
The transaction involves a 100% stock purchase and strengthens MPS’s global footprint in digital healthcare solutions.