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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.
The deal involved complex structuring considerations due to TCC being a listed company and included competition law assessment by the firm’s regulatory team.
The listing marks a major milestone for India’s technology-led logistics sector and one of the notable IPOs in the digital commerce ecosystem.
Cyril Amarchand Mangaldas advised Juspay Technologies Private Limited on its Series E funding round led by WestBridge Capital, along with advising VEF AB (publ) on the partial sale of its stake in Juspay.
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 transaction involves a significant stake sale, preferential allotment, and a mandatory open offer, marking a major shift in the company’s ownership structure.
The transaction included the indirect sale of Triton’s stake in Kelvion India Private Limited, with Triton retaining a minority interest.
With over 14 years of experience across private equity, M&A, joint ventures, and cross-border investments, Rohan’s return strengthens the firm’s corporate capabilities across multiple industry sectors.
The transaction involves a 50 MW (AC) / 57.50 MW (DC) solar photovoltaic power project located in Khandwa district, Madhya Pradesh.
The transaction involved legal due diligence and comprehensive drafting and negotiation of transaction documents, further strengthening Uber’s strategic investment in the fleet operations segment linked to its mobility platform.
Structured in two tranches, the investment marks Uber’s foray into India’s rapidly growing fleet-tech segment, with Carrum operating EV and CNG fleets across major metropolitan cities.
Cyril Amarchand Mangaldas acted as legal counsel to APG Strategic Real Estate Pool N.V. in connection with the proposed acquisition of its 41.09% equity stake in Fleur Hotels Limited by a Warburg Pincus affiliate, pursuant to Lemon Tree Hotels’ demerger and listing of Fleur under a scheme of arrangement.
Cyril Amarchand Mangaldas advised J.P. Morgan Services India Private Limited on one of the largest office space transactions in Hyderabad, involving the setting up of its IT/ITeS operations at WeWork Campus, Skyview Tower 20, Hitech City.
The transaction marks a significant real estate leasing deal supporting JPM’s India operations.
The transaction involved a 50:50 joint investment to establish a leading independent distributor of engineering plastics in India, strengthening ALBIS’s footprint in the Indian market.