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ACME Solar Holdings Limited is a renewable energy company in India with a portfolio of solar, wind, battery energy storage system, hybrid and firm and dispatchable renewable energy projects.
The NCLAT held that the NCLT had failed to comply with the mandatory procedural safeguards applicable to contempt proceedings and, therefore, the impugned order could not be sustained. While setting aside the contempt order, the NCLAT also granted certain fact-specific directions in the matter.
True North acquired a significant minority stake in Embio Limited, a leading manufacturer of complex APIs and advanced intermediates focused on regulated markets and a key player in the controlled substances sector.
Ingredion is a leading MNC specialising in manufacture of value-added ingredient solutions for the food, beverage, brewing, pharmaceuticals, and industrial markets). Sanstar is a listed Indian manufacturer of corn-based specialty products and ingredient solutions.
CAM’s mandate included strategic advisory, reviewing and negotiating transaction documents, finalising corporate authorisations, and advising on corporate and securities law aspects of the transaction.
Hiral joined erstwhile Amarchand & Mangaldas & Suresh A. Shroff & Co. in 2007. She has also worked with K Raheja Corp as Vice President Legal for Commercial vertical. Hiral graduated from Government Law College, Mumbai in 2005.
The transaction marks the culmination of over two decades of stressed asset resolution by SASF, India’s first bad bank, established to acquire and recover stressed loan assets transferred from IDBI in 2004.
The Maharashtra Electricity Regulatory Commission (MERC) has directed Indian Railways to make an interim payment of ₹3,351 crore towards outstanding Cross Subsidy Surcharge (CSS) and Additional Surcharge dues claimed by Maharashtra State Electricity Distribution Company Limited (MSEDCL). The order is the first regulatory ruling implementing the Supreme Court’s 8 May 2026 judgment affirming Railways’ liability for CSS and Additional Surcharge on open access electricity consumption.
Cyril Amarchand Mangaldas advised Elevation Capital V Limited and its affiliates on the sale of equity shares of One97 Communications Limited through block trades on NSE and BSE. The transaction was executed for an aggregate consideration of approximately ₹963.6 crore.
Cyril Amarchand Mangaldas advised JSW Energy Limited on the sale of 25 million equity shares of JSW Steel Limited through screen-based trades on NSE and BSE. The transaction represented approximately 1.02% of JSW Steel’s equity share capital and was valued at around ₹3,150 crore.
Cyril Amarchand Mangaldas advised JSW Energy Limited on acquisition of an 8.33% stake in Toshiba JSW Power Systems Private Limited from Toshiba Corporation for ₹150 crore. Following the transaction, JSW Energy’s shareholding in the turbine generator manufacturing company will increase to 10.73% on a fully diluted basis.
Cyril Amarchand Mangaldas advised Urban Realtech Private Limited, a BPTP group company, on the proposed joint development of an 11-acre land parcel in Sector 39, Faridabad with Emerald Infrahome LLP. The mandate covered title due diligence, regulatory and PLPA compliance assessments, and drafting of joint development and ancillary transaction documents for the group housing project.
The mandate covered title due diligence, regulatory and PLPA compliance assessments, and drafting of joint development and ancillary transaction documents for the group housing project.
CAM advised SiCSem Private Limited on availing fiscal support from the Government of India for establishing India’s first SiC compound semiconductor Fab and ATMP facility in Odisha with a projected capital expenditure of INR 2,066.70 crore.
The acquisition involves nearly 20 acres of land in Gurugram’s Sector 81 and Sector 86, earmarked for residential development under licenses issued by the Department of Town and Country Planning, Haryana.
The investment round, co-led by Sherpalo Ventures and GIC, highlights growing investor interest in India’s private space and aerospace sector.
The transactions involved issuance of share warrants and optionally convertible debentures, later acquired by Bagmane Prime Office REIT in exchange for REIT units allotted to investors.
The transaction involves CPPIB as co-investor, while bp will retain a 35% stake in Castrol following completion.
Cyril Amarchand Mangaldas advised Amphenol Corporation on the mandatory open offer to public shareholders of ADC India Communications Limited following its global acquisition of connectivity and cable solutions business assets from Vistance Networks. The transaction triggered acquisition of control and voting rights under India’s takeover regulations.
The mandate included title due diligence, transaction structuring, and drafting and negotiation of transaction documents for the real estate acquisition.