Cyril Amarchand Mangaldas advises Adani Enterprises on its Qualified Institutional Placement
CAM had also advised on the previous qualified institutional placement undertaken by Adani Enterprises Limited in October 2024.
CAM
CAM dvises TPG on its acquisition of 100% of share capital of Aseem Infrastructure Finance Ltd.
CAM acted as legal counsel to TPG in connection with its acquisition of 100% of the share capital of Aseem Infrastructure Finance Limited (AIFL).
Cyril Amarchand Mangaldas advises Indrajit Power Private Ltd. in relation to availing a rupee term loan facility from CSB Bank
CAM also advised on and drafted a power purchase agreement to be entered into between the Borrower and Evonith Value Steel Limited and Evonith Metallics Limited (as the Sponsors).
Cyril Amarchand Mangaldas advises on qualified institutions placement of Sterlite Technologies Ltd.
The proceeds of the QIP are proposed to be utilized towards re-payment and /or prepayment of certain outstanding borrowings of the Company and certain of its subsidiaries, and general corporate purposes.
CAM advises Adani Ports and Special Economic Zone Ltd. on investment by Mundi Ltd., a subsidiary of Terminal Investment Ltd.
CAM advised Adani Ports and Special Economic Zone Ltd. on the strategic investment by Mundi Ltd., a subsidiary of Terminal Investment Ltd., in a significant infrastructure transaction.
CAM acts as Issuer’s Indian law counsel in relation to issue of foreign currency denominated bonds of USD 800 million raised by Axis Bank
The issuance comprises two tranches: (i) USD 500 million of 6.875% Additional Tier 1 capital notes perpetual in nature; and (ii) USD 300 million of 5.348% senior unsecured fixed-rate notes. The bonds are listed on the Global Securities Market of India International Exchange (IFSC) Limited; and the Debt Securities Market of NSE IFSC Limited.
CAM advises Kotak Mahindra Bank on proposed acquisition of Private Banking and Wealth Management Business of Deutsche Bank AG in India
The Business Transfer Agreement was signed on June 30, 2026. Closing of the sale is subject to completion of the conditions set out under the Business Transfer Agreement.
Cyril Amarchand Mangaldas advised on the initial public offering of equity shares of Turtlemint Fintech Solutions Ltd.
Turtlemint is a tech-enabled insurance distribution platform that connects customers, insurance advisors and insurers, offering retail insurance products and other financial products on its platform.
Cyril Amarchand Mangaldas acts as transaction counsel for merger by absorption of REC Ltd. into Power Finance Corporation Ltd.
The Proposed Merger shall create a financing entity with an aggregate loan book of over INR 11 lakh crore, and the combined entity is valued at approx. INR 2.42 lakh crores. The deal involved extensive discussions with the Ministries and other governmental authorities for finalisation of the scheme and overall structuring of the Proposed Merger.
Cyril Amarchand Mangaldas advises Adani Road Transport Ltd. for Substitution of Concessionaire in Indore Gujarat Roads Concession Project
The bid process culminated with ARTL emerging as the successful bidder whereafter ARTL incorporated an SPV namely, M/s Indore Gujarat Road Limited to substitute the Existing Concessionaire for the Project. With NHAI’s approval on the implementation of the substitution and also on the financing arrangement availed by ARTL from YES Bank Ltd for funding the consideration amount for the substitution, the parties executed definitive documents for successful implementation of the substitution.
CAM acts as lenders’ legal counsel to International Finance Corporation and India Infrastructure Finance Company Ltd.
Cyril Amarchand Mangaldas acted as lenders’ legal counsel to International Finance Corporation (IFC) and India Infrastructure Finance Company Ltd. (IIFCL), advising on a significant financing transaction.
CAM advises BNP Paribas and J.P. Morgan on sale of shares of DOMS Industries by F.I.L.A. Fabbrica Italiana Lapis Ed Affini S.p.A.
The Seller has sold 4,248,184 equity shares of the Company (approx. 7.00% of the equity share capital of the Company) for an aggregate consideration of INR 9,347.43 million on June 17, 2026.
Cyril Amarchand Mangaldas is advising NSE on its proposed IPO
Cyril Amarchand Mangaldas is advising the National Stock Exchange of India Limited on its proposed IPO, involving an offer for sale by certain existing shareholders and one of India’s most significant capital markets transactions.
Cyril Amarchand Mangaldas advises Jio Platforms Ltd. on its proposed IPO
Cyril Amarchand Mangaldas is advising Jio Platforms Ltd. on its proposed initial public offering, acting as legal counsel on one of India’s significant anticipated capital markets transactions.
CAM welcomes Ankita Kumar as Partner in its Corporate Practice focusing on Aviation, Aerospace and Defence sectors
Ankita graduated from NALSAR, Hyderabad in 2008. She has been named as a ‘Notable Practitioner’ for Aviation in AsiaLaw 2025 rankings.
Cyril Amarchand Mangaldas advises Accel on follow-on investment in FirstClub’s Series B round
FirstClub engages in the business of wholesale trading including sale of goods and merchandise through both online and offline channels.
CAM acts as legal counsel to Bessemer Venture Partners in relation to its participation in Series B fund-raise by Axonwise Private Ltd.
Sarvam AI is developing a full-stack, sovereign AI platform custom-tailored for Indian languages, data, and governance.
CAM advises AXISCADES Technologies Ltd. and its subsidiaries on proposed sale of its business of providing Engineering Services in Aerospace Industry to Akkodis
The Transaction is structured as an interconnected multi-jurisdictional acquisition, with simultaneous closing across jurisdictions.
CAM advises Union Bank of India on INR 2,443 crore loan facility to Ananthapuram II Power Transmission Ltd. for Renewable Energy Zone Phase II project
Cyril Amarchand Mangaldas (CAM) advised Union Bank of India in connection with a ₹2,443 crore loan facility extended to Ananthapuram II Power Transmission Ltd. for the development of the Renewable Energy Zone (REZ) Phase II transmission project.
CAM successfully represented Board of Control for Cricket in India in proceedings before Central Information Commission
CAM successfully represented the BCCI in the present remand- proceedings, where comprehensive arguments were advanced demonstrating that the BCCI does not meet any of the mandatory conditions prescribed under Section 2(h) of the RTI Act, for being classified as a ‘public authority’.