Cyril Amarchand Mangaldas advises Standard Chartered Bank and certain other lenders
Cyril Amarchand Mangaldas advised Standard Chartered Bank and certain other lender(s) (Lenders) in relation to the fund-based and non-fund based facilities.
legal advisory
Cyril Amarchand Mangaldas acts as Indian legal counsel to Lohia Corp Ltd. on its IPO
CAM also advised Amit Kumar Lohia and Gaurav Lohia, promoters of the Company, and certain other shareholders of the Company in their secondary Pre-IPO sale of Equity Shares of the Company aggregating to ₹2,949.50 million.
Cyril Amarchand Mangaldas advises Saints & Masters Private Ltd. on its strategic buyout of Xencia, a Cloud Solution Provider
Cyril Amarchand Mangaldas advised Saints & Masters Private Ltd. on its strategic buyout of Xencia, a leading Cloud Solution Provider.
Cyril Amarchand Mangaldas advises Cube Highways Trust on India’s first conversion of a privately listed InvIT into a publicly listed InvIT
The transaction involved an offer for sale of approximately INR 5,000 crore, undertaken by BCI IRR India Holdings Inc., BCI IRR India Holdings Limited Partnership, Cube Highways and Infrastructure II Pte. Ltd., Cube Highways and Infrastructure III Pte. Ltd., Cube Mobility Investments Pte. Ltd. and Seventy Second Investment Company LLC.
Shardul Amarchand Mangaldas & Co. advises on Cube Highways Trust’s conversion into a publicly listed InvIT and its ₹50,000 million IPO
The transaction marks the first successful conversion of a privately listed InvIT into a publicly listed InvIT in India, representing a significant milestone in the evolution of India’s listed infrastructure investment market. Continuing its streak, SAM has acted on every public offering by an InvIT/REIT this calendar year.
Cyril Amarchand Mangaldas acts as Indian legal counsel to Manipal Health Enterprises Limited on its IPO
The Company operates India’s largest multispecialty hospital network by bed capacity and the second largest hospital chain by number of hospitals. The book running lead managers on this deal were Kotak Mahindra Capital Company Limited, Axis Capital Limited, Goldman Sachs (India) Securities Private Limited, Jefferies India Private Limited, J.P. Morgan India Private Limited, UBS Securities India Private Limited and DBS Bank India Limited.
Shardul Amarchand Mangaldas & Co. Advises IndiaFirst Life Insurance Company Ltd. on Acquisition of Carmel Point’s stake in the Company by BNP Paribas Cardif
The transaction involved a unique pre-closing restructuring exercise, wherein Carmel Point India Investments Limited, a wholly owned special purpose vehicle of CPIL, underwent voluntary liquidation, followed by an in specie distribution of its assets, including its shareholding in IndiaFirst Life Insurance Company Limited, to its parent entity as a condition precedent to the proposed acquisition.
SAM advises Continuum Group on USD 450 million Senior Unsecured Reg S/144A Bond Issuance through its global treasury centre in GIFT City
SAM advised on all aspects of Indian law relating to the transaction, including the regulatory framework applicable to the issuer under the GIFT City IFSC regime, the structuring of the offering, the review, negotiation and finalisation of the offering circular and transaction documents, including the bond documentation, trust deeds and corporate guarantees. SAM also acted as the listing agent for the listing of the Bonds on NSE IX.
Shardul Amarchand Mangaldas Advises Ather Energy on ₹1,300 Crore Qualified Institutions Placement
The issue was priced at a 2.76% premium to the floor price determined in accordance with applicable law and saw participation from marquee institutional investors, including ADIA and affiliates of mutual funds and insurance companies such as ICICI Prudential Life Insurance, HDFC Life Insurance, LIC Mutual Fund, Aditya Birla Sun Life Mutual Fund, Axis Mutual Fund and HSBC Mutual Fund, among others.
Cyril Amarchand Mangaldas advises lenders on USD 730 million refinancing for ReNew Surya Roshni Pvt. Ltd’s 320 MW RTC hybrid renewable energy project
The transaction is one of the largest project financing transactions undertaken under India’s revamped External Commercial Borrowing (ECB) regime, underscoring continued foreign banks appetite for large-scale renewable energy infrastructure and innovative financing structures in the sector.
CAM dvises TPG on its acquisition of 100% of share capital of Aseem Infrastructure Finance Ltd.
CAM acted as legal counsel to TPG in connection with its acquisition of 100% of the share capital of Aseem Infrastructure Finance Limited (AIFL).
SAM advises National Investment and Infrastructure Fund’s Special Opportunities Fund on its exit from Aseem Infrastructure Finance Ltd.
Shardul Amarchand Mangaldas advised on the review, negotiation and finalization of the share purchase agreement governing the sale of AIFL’s shares to TPG and related transaction documents.
Cyril Amarchand Mangaldas advises on qualified institutions placement of Sterlite Technologies Ltd.
The proceeds of the QIP are proposed to be utilized towards re-payment and /or prepayment of certain outstanding borrowings of the Company and certain of its subsidiaries, and general corporate purposes.
CAM advises Adani Ports and Special Economic Zone Ltd. on investment by Mundi Ltd., a subsidiary of Terminal Investment Ltd.
CAM advised Adani Ports and Special Economic Zone Ltd. on the strategic investment by Mundi Ltd., a subsidiary of Terminal Investment Ltd., in a significant infrastructure transaction.
Cyril Amarchand Mangaldas acts as legal counsel to GREW Energy Private Limited
The judgment reinforces that Government procurers must adhere strictly to prescribed contractual remedies and procedural safeguards before imposing commercially significant consequences such as debarment or risk-purchase liability on suppliers.
Cyril Amarchand Mangaldas advises on the QIP of Krishna Institute of Medical Sciences Ltd.
The proceeds of the QIP are proposed to be utilized towards re-payment and /or prepayment of certain outstanding borrowings of the Company and certain of its subsidiaries, and general corporate purposes.
Cyril Amarchand Mangaldas assists Canada Pension Plan Investment Board on commitment of INR 7000 Crores to Ctrl S Datacenters Ltd.
This includes an investment of INR 4000 Crores in CtrlS and a commitment of up to INR 3000 Crores to form a joint venture with CtrlS to develop hyperscale data centres across India.
Cyril Amarchand Mangaldas advises University of New South Wales in their India Campus Set up
University of New South Wales has been granted a Certificate of Registration from University Grants Commission for setting up a campus at Bengaluru
CAM acts as lenders’ legal counsel to International Finance Corporation and India Infrastructure Finance Company Ltd.
Cyril Amarchand Mangaldas acted as lenders’ legal counsel to International Finance Corporation (IFC) and India Infrastructure Finance Company Ltd. (IIFCL), advising on a significant financing transaction.
SAM acts as Domestic Legal Counsel to Craftsman Automation Ltd. on its ₹2,000 Crore Qualified Institutions Placement
This transaction represents the Company’s third significant capital markets fundraising exercise, following its initial public offering in 2021 and an earlier QIP in 2024, underscoring continued investor confidence in the Company’s business and growth strategy.