Bringing you the Best Analytical Legal News
CAM advised Hero MotoCorp Limited in connection with acquisition of additional stake of ~INR 1,758 crore in Ather Energy Limited, a listed company, by way of a secondary purchase.
CAM’s role included advising and assisting Hero MotoCorp on the structuring and compliance with applicable legal and regulatory requirements in connection with the fund raise, including negotiation and finalization of documents and disclosures relating to the preferential issue; and also on the qualified institutional placement, in its capacity as the promoter of Ather.
The book running lead managers to the Issue were JM Financial Limited, Axis Capital Limited, IIFL Capital Services Limited (Formerly known as IIFL Securities Limited), SBI Capital Markets Limited and 360 ONE WAM Limited
Cyril Amarchand Mangaldas advises Marriott International on its landmark JW Marriott Residences portfolio projects in Gurugram, further strengthening the luxury hospitality brand’s presence in India.
CAM advised The Great Eastern Shipping Company Limited on its ₹900 crore buyback of fully paid-up equity shares through the open-market stock exchange route
SEBI passed an order on August 24, 2026, finding that the allegations against Axis Bank Limited and its wholly owned subsidiaries were not established. Accordingly, the proceedings were disposed of without any adverse findings or directions, or imposition of any penalty.
The promotions are effective from September 1, 2026.
The transaction is the first IPO by a KKR-promoted company in India.
The share exchange ratio is 25 equity shares of IHCL for every 117 equity shares of OHL, on an all-stock basis, with completion targeted in the second half of FY2028 and an Appointed Date of April 1, 2027.
The business transfer agreement was signed on August 17, 2026; and closing of the sale is subject to completion of the conditions set out under the business transfer agreement.
IBCL and ZCPL have entered into a share purchase agreement with the promoters of the Target Company to acquire 2,38,44,000 equity shares held by them.
SBI Capital Markets Limited, ICICI Securities Limited, IIFL Capital Services Limited and Jefferies India Private Limited acted as lead managers to the Issue.
The book running lead managers to the Offer were Axis Capital Limited, BofA Securities India Limited, JM Financial Limited, and Kotak Mahindra Capital Company Limited.
SBIFM, which is the flagship asset management company of the SBI group, is the largest asset management company in India by quarterly average mutual fund assets under management.
The book running lead managers to the Offer were Axis Capital Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory and Securities (India) Private Limited, SBI Capital Markets Limited and 360 ONE WAM Limited.
Cyril Amarchand Mangaldas advised Nxt-Infra Trust and the Lead Managers, NovaaOne Capital Private Limited and Ambit Private Limited, on the institutional placement of Trust units aggregating to ₹7,001.50 million.
Cyril Amarchand Mangaldas has advised Neo Wealth Partners on its INR 230 crore investment in Keertana Finserv Ltd., marking a significant transaction in India’s financial services sector.
The transaction will lead to simplification of L&T’s group structure, enhanced operational clarity and optimised corporate holding structure, better aligned with L&T’s business requirements.
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.