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Cyril Amarchand Mangaldas advised Hiranandani Financial Services Private Limited and its founders, Harsh Hiranandani and Neha Hiranandani, in their debut equity investment round.
IPO comprised of a fresh issue aggregating to Rs. 8,200 million and an offer for sale by some investor selling shareholders of the Company, aggregating to Rs. 7,206.50 million.
This landmark transaction will help establish that Indian debt capital markets have the ability and depth to finance such large ticket acquisitions and is one of the largest acquisition financings in the Indian healthcare space.
CAM advised Statkraft A.S. (“Statkraft”) on the divestment of its 1.3 GW energy portfolio in India including sale of Statkraft’s 49% shareholding in Malana Power Company and AD Hydro Power which collectively own and operate 278 MW hydroelectric projects in Himachal Pradesh since 2010, to Bhilwara Energy.
Following this transaction, DRAL will become the first Centre of Excellence for the Falcon series outside France, including the Falcon 6X and Falcon 8X programmes.
CAM acted as legal counsel to Cactus Partners Fund I on its additional investment of approx. $4 million in series A1 fund raise round of Indigrid Technology Private Limited.
The SPA contemplates a sale of up to 50.1% of the shareholding held by True North in the Company, and will result in India Resurgence Fund acquiring control of the Company, and consequently, triggering a mandatory open offer under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The investment was a key element of the REIT’s pre-IPO capital raise aimed at consolidating real estate assets (commercial office spaces) across India and strengthening its financial position. The REIT was successfully listed on the BSE and the NSE on August 18, 2025.
This deal marks the first ever CCD issuance in India’s city gas distribution sector and represents one of India’s largest capital raises via a hybrid instrument in this financial year, strengthening IOAGPL’s capital position and supporting its gas infrastructure expansion.
The agreements will supplement Chemours’ existing global operations, allowing Chemours to efficiently bring supply flexibility while requiring no upfront capital investment.
CAM acted as legal counsel to JSW Steel Limited (“Client”) in relation to the acquisition of entire shareholding of Saffron Resources Private Limited. Saffron holds lands admeasuring about 887 acres in Dhenkanal District, Odisha.
Kapil Wadhawan had executed a joint deed of personal guarantee to secure the credit facilities extended to erstwhile Dewan Housing Finance Corporation Ltd., not exceeding INR. 50,656.84 Crores.
Brandworks Technologies is a fast-growing electronics R&D and manufacturing company which successfully raised approx. $7 million with participation from Cactus Partners Fund I , Gujarat Venture Finance Limited , Legacy Assets LLP and Hira Group.
The ruling is first of a kind decision, setting a precedent for more such companies dealing with implants in India.
Antfin (Netherlands) Holding B.V., a major shareholder in One97 Communications , the parent company of Paytm , has sold its entire remaining stake in the company.
Comfort Grid Technologies Private Limited , which operates its business under the brand name “The Sleep Company”, is a leading direct to consumer startup operating in the sleep and comfort segment.
This deal marks financial closure of Phase 1 of HPCL’s green energy initiative, which is currently focused on captive usage for HPCL’s group companies.
Cyril Amarchand Mangaldas advised QpiAI India Private Limited on its Series A fund raise of USD 32 million, led by new investors: Avataar Capital and National Quantum Mission, Department of Science and Technology, Government of India, with participation from other new and existing investors.
Abhishek has extensive experience in handling transactions across a broad range of sectors, including healthcare, financial services, manufacturing and IT sectors.
A wholly owned subsidiary of a middle eastern sovereign fund has entered into definitive agreements to invest USD 200 million for an approx. 3% stake in Micro Life Sciences Private Limited, one of India’s leading medical devices companies.