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The partnership combines Forvia’s expertise in seating systems and technology with Anand Group’s established network, customer relationships, and deep knowledge of the Indian automotive ecosystem.
The proceeds of the financing were primarily used by the Issuer to fund part of the consideration for its acquisition of Micro Biopharm Japan Company Limited in Japan.
The transaction is India’s first “blue financing” in the maritime sector and the first such blue-finance deal for port infrastructure in the Asia-Pacific region. It also represents the first investment by a multilateral finance institution in an Indian major port, with JNPA set to become the first Indian port to deploy shore power technology at a commercial scale.
This would mark CPP Investments’ first direct investment in India’s hospitality sector and will support expansion of the hospitality platform.
The BRLMs were JM Financial Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and Morgan Stanley India Company Private Limited.
Cloud Wave is an India-based Company in the business of precision machining, sheet metal fabrication, tooling, plastic injection moulding, plastic 3D printing, surface treatment, power press parts, for aerospace and defense/semiconductor applications.
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
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 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.
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.
CAM had also advised on the previous qualified institutional placement undertaken by Adani Enterprises Limited in October 2024.
The Business Transfer Agreement was signed on June 30, 2026. Closing of the sale is subject to completion of the conditions set out under the Business Transfer Agreement.
Turtlemint is a tech-enabled insurance distribution platform that connects customers, insurance advisors and insurers, offering retail insurance products and other financial products on its platform.
ReNew Green operates one of India’s largest clean energy portfolios for businesses, with approximately 2.5 GW of committed capacity across multiple states. The investment will also strengthen its position in delivering sustainable energy solutions and expanding its footprint in India’s renewable energy sector.
Shardul Amarchand Mangaldas & Co. Advises NextGen Invent Corporation on Acquisition by Straive
The deal marks a strategic addition to Straive’s capabilities in the rapidly evolving Data & AI ecosystem and strengthens its ability to deliver enterprise AI solutions across global markets.
Sarvam AI is developing a full-stack, sovereign AI platform custom-tailored for Indian languages, data, and governance.
Cyril Amarchand Mangaldas (CAM) advised Union Bank of India in connection with a ₹2,443 crore loan facility extended to Ananthapuram II Power Transmission Ltd. for the development of the Renewable Energy Zone (REZ) Phase II transmission project.
Everest Reinsurance Company, IFSC Branch received the IFSCA Certificate of Registration for undertaking reinsurance business in IFSC as an IFSC Insurance Office at the GIFT City, Gujarat, India, on September 19, 2025.
This investment will enable the company in expanding its genomics and integrated diagnostics solutions across India and other emerging markets with a focus on early detection and targeted disease management through affordable genetic and integrated diagnostics tools.
CAM acted as legal counsel to Cactus Partners Fund I on its additional investment of approx. $4 million in series A1 fund raise round of Indigrid Technology Private Limited.