Cyril Amarchand Mangaldas acted for Sistema India on one of its kind carbon financing vehicle, Farm Carbon
The platform aims to scale methane reduction in smallholder agriculture through carbon credit monetisation.
The platform aims to scale methane reduction in smallholder agriculture through carbon credit monetisation.
The round saw participation from multiple investors and supports Bellatrix’s development of advanced propulsion technologies and satellite solutions for civilian and defence applications.
The deal forms part of HMA’s global acquisition of HealthTech, a leading Medicaid-focused technology and analytics provider.
The QIP involved issuance of over 67 million equity shares to institutional investors and was conducted in compliance with SEBI ICDR Regulations and the Companies Act, 2013.
The Court held that exemption benefits under the Package Scheme of Incentives continued during the eligibility period and were not extinguished by subsequent legislation.
The mandate involved multi-practice due diligence including regulatory, infrastructure, data protection, and compliance aspects for this cross-border transaction.
The shares commenced trading on BSE and NSE on April 1, 2026, with the firm providing comprehensive legal advisory across all aspects of the capital raising transaction.
The financing is aimed at refinancing existing debt for 136 MWp solar power projects located in Karnataka and Telangana.
The offer, priced at ₹395 per share, comprised an offer for sale and included employee reservation. The equity shares were listed on BSE and NSE on April 2, 2026.
Advice is regarding its acquisition of stake in Plum Benefits Private Limited through subscription and secondary purchase of compulsorily convertible preference shares. The transaction included regulatory advisory concerning Plum Benefits and its IRDAI-registered insurance broking subsidiary.
The Tribunal dismissed the petition, recognising the existence of a pre-existing dispute and upholding the relevance of the arbitration clause in the contractual arrangement.
Cyril Amarchand Mangaldas advised State Bank of India on ₹12,000 crore term debt extended to JSW Sambalpur Steel Limited for part financing the acquisition of Bhushan Power & Steel Limited’s steel business undertaking through a slump sale on a going concern basis.
The financing supports expansion of city gas distribution networks across multiple geographical areas in India.
The transaction involves acquisition of an Antonov Group SPV and expansion of industrial park capacity across approximately 38 acres.
The project, India’s highest-rated VSC-based HVDC system, is a key step in strengthening renewable energy transmission infrastructure.
The transaction strengthens National Highways Infra Trust’s role in advancing India’s National Monetisation Pipeline and infrastructure investment landscape.
The OFS, representing 1.71% stake, was conducted through the stock exchange mechanism at a floor price of ₹104 per share.
The transaction strengthens AMI Paradigm’s capabilities in large-scale government technology systems and digital infrastructure solutions.
The transaction involved demerger and amalgamation of NBFC and asset management businesses, alongside regulatory, ESOP, and competition law advisory.
Cyril Amarchand Mangaldas represented a consortium of lenders including MUFG Bank and Sumitomo Mitsui Banking Corporation on ECB and guarantee facilities extended to Rajasthan Part I Power Transmission Limited, a subsidiary of Adani Energy Solutions. The financing supports a major 6000 MW HVDC transmission project spanning Rajasthan and Uttar Pradesh.