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The financing will support the construction, development and commissioning of Jayaswal Neco Industries Limited’s proposed 1.50 million tonnes per annum (MnTPA) Straight-Grate Pellet Plant at Raipur, Chhattisgarh.
Khaitan & Co advised RR Kabel Limited on its acquisition of the optical fibre and related cable business of U M Cables Limited through a slump sale, marking RR Kabel’s entry into the optical fibre cable segment and expanding its communication cables portfolio.
The divestment was undertaken through on-market block trades on the stock exchanges pursuant to an accelerated bookbuild process, with the units acquired by a range of institutional investors.
Khaitan & Co advised Aditya Birla Digital Fashion Ventures Limited (ABDFVL) on its acquisition of the remaining 15.62% stake in Imperial Online Services Private Limited (Urbano Fashion), making Urbano Fashion a wholly owned subsidiary of ABDFVL.
The Oxane Partners group is engaged in the business of providing technology-enabled solutions for private credit markets.
The transaction values Lynks at INR 500 crores and is expected to strengthen Udaan’s presence across key consumption markets in India.
ECL owns, operates and manages on-campus student accommodation across higher education institutions and own K-12 Assets. As of March 31, 2026, they are present across 15 cities in India and one city in the United Arab Emirates. It is one of the largest institutional platforms in India focused on professionally managed student accommodation as of June 15, 2026. ECL is India’s first educational infrastructure provider to list in the public markets.
CAM advised on all aspects of the Transaction, including the legal due diligence and the transaction documents.
The Transaction is expected to close in Q1 2027, subject to receipt of required regulatory approvals and satisfaction of other customary closing conditions.
The investment is intended to support the development and construction of ACME’s pipeline of green molecule projects across India and the Middle East, underpinning the next phase of growth of its energy transition business.
CAM also advised TRLK on the related technology/IP license arrangement and supply agreement.
The transaction represents a significant institutional investment in India’s evolving beauty and wellness sector and supports the continued scaling and institutionalisation of a founder-led platform operating at the intersection of consumer beauty, wellness and medical aesthetics.
Bengaluru-based Popo Global is a multi-brand restaurant platform operating popular food and beverage brands, including The Pizza Bakery, Paris Panini and Smash Guys. The transaction represents a significant private equity investment in India’s rapidly expanding organised food and quick-service restaurant sector.
As part of the transaction, upGrad acquired 100% of the share capital of Unacademy from its existing shareholders in consideration for the issuance of upGrad securities, deal valued at approximately USD 206 million. The transaction also contemplates the eventual merger of Unacademy into upGrad.
CAM’s role included advising and assisting with the structuring and compliances with applicable legal and regulatory requirements as well as drafting and finalising of documents, disclosures and filings, in relation to the Preferential Issue.
SAM had also advised Kotak Special Situations Fund on its initial investment in HKR Roadways in 2021 and subsequently on various refinancings, effectively acting as its counsel through the life of the investment.
Cyril Amarchand Mangaldas advised our client, Tilaknagar Industries one of India’s leading alcoholic beverage companies on its strategic investment in Black Tiger Distilleries Private Limited, an Indian spirits company engaged in tequila and agave spirits under the brand name ‘Bodega’.
The interim relief granted by the High Court paves way for Renew to participate in the bid process. The order assumes significance as the matter was time sensitive, and any further steps in the bid process without including Renew’s bid would have rendered the entire process infructuous for Renew.
The Transaction is proposed to be completed in tranches and remains subject to regulatory approvals.
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.