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The Company is a private life insurer registered with the Insurance Regulatory and Development Authority of India (“IRDAI”). The other shareholders of the Company include Bank of Baroda and Union Bank of India.
HCLTech is a leading global technology company, home to more than 223,000 people across 60 countries, delivering industry-leading capabilities centered around AI, digital, engineering, cloud and software, powered by a broad portfolio of technology services and products.
CAM also advised Amit Kumar Lohia and Gaurav Lohia, promoters of the Company, and certain other shareholders of the Company in their secondary Pre-IPO sale of Equity Shares of the Company aggregating to ₹2,949.50 million.
Cyril Amarchand Mangaldas advised Cornerstone Ventures Enterprise Tech Fund II on its investment in Groyyo Private Limited.
Cyril Amarchand Mangaldas advised Saints & Masters Private Ltd. on its strategic buyout of Xencia, a leading Cloud Solution Provider.
The transaction involved an offer for sale of approximately INR 5,000 crore, undertaken by BCI IRR India Holdings Inc., BCI IRR India Holdings Limited Partnership, Cube Highways and Infrastructure II Pte. Ltd., Cube Highways and Infrastructure III Pte. Ltd., Cube Mobility Investments Pte. Ltd. and Seventy Second Investment Company LLC.
The Company is listed on National Stock Exchange of India Ltd. and engaged in the business of manufacturing and supplying refrigeration products and equipment. CAM also advised the Company on a joint venture with Galilei.
Valmet acquired Severn Group, a well-established industrial valve company specializing in severe service flow control solutions with primary manufacturing capabilities in the USA, UK and India. CAM advised on the India leg of the transaction.
CAM advised on structuring the transaction and on drafting and finalising the transaction documents, including the corporate secretarial documents.
Cyril Amarchand Mangaldas advised Elevation Capital V Limited, SAIF III Mauritius Company Ltd. and SAIF Partners India IV Ltd. on the block sale of equity shares of One97 Communications Ltd.
Brewbay Innovations Private Limited operates quick service restaurants under the brand name ‘abCoffee’.
CAM acted as legal advisor for Dixon. Its role included undertaking legal due diligence on VMI, advising on structuring of the transaction, and review and negotiation of transaction documents (including joint venture agreement, shareholders agreement and asset purchase agreement).
Mr. Kapur has been consistently recognised as a leading Projects, Infrastructure & Energy lawyer in India and is ranked in the top tier by several independent surveys and legal directories.
CAM had also advised on the previous qualified institutional placement undertaken by Adani Enterprises Limited in October 2024.
CAM acted as legal counsel to TPG in connection with its acquisition of 100% of the share capital of Aseem Infrastructure Finance Limited (AIFL).
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).
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 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.
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.
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.