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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.
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 transaction involved a cross-border investor base spanning Singapore and the UAE and underscores the growing institutional investment in technology-enabled platforms serving global fashion supply chains.
Prior to joining SAM, Swathy Ramanath was a Partner at Khaitan & Co. in Bengaluru.
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.
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.
Ishan Seth holds an LL.M. from New York University School of Law, New York and a B.A., LL.B. (Hons.) from NALSAR University of Law, Hyderabad. Ishan is admitted to practise in both India and New York.
The transaction also marks the beginning of a broader strategic collaboration between Parijat and HELM, spanning across digital commerce, branded crop protection products, technical manufacturing and international distribution.
This strategic combination unites Healthify’s pioneering consumer AI technology with Berry Street’s insurance-covered clinical care network in the United States. The combined business will be co-led by Noah Kotlove (CEO of Berry Street) and Tushar Vashisht (CEO of Healthify) as co-CEOs.
The Notes are listed on the NSE IX Exchange, GIFT City IFSC, making the transaction an international offering with an Indian financial centre listing component. The Notes are rated BBB- by Fitch Ratings Inc. and BBB by S&P Global Ratings.
The IPO was oversubscribed 74.21 times overall and the equity shares listed at a premium of approximately 38% over the IPO price.
The IPO was subscribed 99.38 times overall, with the qualified institutional buyers’ portion subscribed 122.80 times, the non-institutional investors’ portion 88.99 times and the retail individual investors’ portion 46.42 times.
This competition is dedicated to the evolving field of fintech law, at the intersection of finance and cutting-edge technology.
LEAP India is the largest on-demand asset pooling provider in India’s supply chain management sector, based on the number of pooled assets, according to the F&S Report.
The funding round saw participation from multiple domestic and international investors, including Yamaha Motor Co. Ltd., Toyota Ventures Frontier Fund I, L.P., Al-Futtaim Auto International LLC, Mitsui & Co., Ltd., Marubeni Ventures Inc. and Maniv Mobility II, L.P.
The judgment provides important guidance on the interpretation of the exception to mandatory pre-institution mediation under Section 12-A of the Commercial Courts Act. It clarifies that while the exception must be construed strictly, courts must assess urgency on the basis of the overall factual matrix rather than a narrow or merits-based inquiry.
The equity shares of Juniper Green Energy Limited were listed on BSE Limited and the National Stock Exchange of India Limited on 6 August 2026.
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.
The equity shares of Manipal Health Enterprises Limited were listed on BSE Limited and the National Stock Exchange of India Limited on 5 August 2026.
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.