Cyril Amarchand Mangaldas advises Morgan Stanley
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Cyril Amarchand Mangaldas acted as Indian legal counsel to Morgan Stanley India in connection with the sale of 41.61 million equity shares of Shadowfax Technologies Limited by Eight Roads Investments Mauritius II Limited for an aggregate consideration of ₹852.55 crore through screen-based trades on the NSE and BSE on July 24, 2026.

Shadowfax Technologies IPO CAM Advisory
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The listing marks a major milestone for India’s technology-led logistics sector and one of the notable IPOs in the digital commerce ecosystem.