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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.
Cyril Amarchand Mangaldas acted as Indian legal counsel to Morgan Stanley India in connection with the sale of 41.61 million equity shares of Shadowfax Technologies Limited by Eight Roads Investments Mauritius II Limited for an aggregate consideration of ₹852.55 crore through screen-based trades on the NSE and BSE on July 24, 2026.
S&R Associates advised Equirus Capital and Motilal Oswal, the book running lead managers, on Lohia Corp Limited’s ₹11.01 billion initial public offering.
Prashaant Vikram Rajput has earlier worked with Economic Laws Practice, Luthra & Luthra Law Offices, and Dentons Link Legal.
Brewbay Innovations Private Limited operates quick service restaurants under the brand name ‘abCoffee’.
This was the first notification before the CCI where the regulator assessed the cash replenishment services market within the broader ATM services sector.
The IPO is the largest public offering in India in 2026 to date and marks a significant milestone for the Indian capital markets. The equity shares were listed on the stock exchanges on 21 July 2026.
The aggregate proceeds to Amundi and SBI were INR 116.75 billion (approx. US$ 1.21 billion), with INR 97.95 billion (approx. US$ 1.02 billion) raised in the IPO and INR 18.80 billion (approx. US$ 195.25 million) in the pre-IPO secondary sales.
The transaction results in a full exit for the Company’s existing shareholders, True North and Temasek, Reeba Chacko, Senior Partner; provided strategic guidance.
The issue was priced at a 2.76% premium to the floor price determined in accordance with applicable law and saw participation from marquee institutional investors, including ADIA and affiliates of mutual funds and insurance companies such as ICICI Prudential Life Insurance, HDFC Life Insurance, LIC Mutual Fund, Aditya Birla Sun Life Mutual Fund, Axis Mutual Fund and HSBC Mutual Fund, among others.
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).
S&R Associates has announced the appointment of Reuben Chacko as a Partner in its Bengaluru office, along with the induction of Rushab Dhandokia and Aniran Ghoshal as Retained Partners in its Mumbai office, further strengthening the firm’s capital markets practice.
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.
Neytra and Saurav are part of the firm’s Corporate & Commercial and Capital Markets & Securities Law practice groups.
Basava Rao and Shabbeer Ahmed have joined as Partners in the Corporate and Dispute Resolution practice respectively, along with Vasavi Kaparthi and Aneesh Vempati coming in as Counsel in the Real Estate and Dispute Resolution practices.
CAM had also advised on the previous qualified institutional placement undertaken by Adani Enterprises Limited in October 2024.
BPCL will subscribe to shares of the JV Co and will hold a 40% stake on completion of the transaction.
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.