{"id":357886,"date":"2025-08-26T14:30:28","date_gmt":"2025-08-26T09:00:28","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=357886"},"modified":"2025-08-26T14:55:16","modified_gmt":"2025-08-26T09:25:16","slug":"cyril-amarchand-mangaldas-advises-jsw-steel-on-full-acquisition-of-saffron-resources-shareholding","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/08\/26\/cyril-amarchand-mangaldas-advises-jsw-steel-on-full-acquisition-of-saffron-resources-shareholding\/","title":{"rendered":"Cyril Amarchand Mangaldas advises JSW Steel in relation to acquisition of entire shareholding of Saffron Resources"},"content":{"rendered":"
\n

CAM acted as legal counsel to JSW Steel Limited (“Client”) in relation to the acquisition of entire shareholding of Saffron Resources Private Limited (“Saffron”). Saffron holds lands admeasuring about 887 acres in Dhenkanal District, Odisha (“Land”). The Land may be used by the Client for its future expansion projects.<\/p>\n

The transaction team was led by Rishiraj Bhatt, Partner and Hasan Molla, Partner, with support from Abhilasha Malpani, Principal Associate, Rohan Shah, Principal Associate (Designate), Shivom Sharma, Senior Associate, Sajith Anjickal, Associate, and Sanskruti Kulkarni, Associate.<\/p>\n

Rishiraj Bhatt, Partner and Vaibhav Suri, Partner with support from Manjul Mantri, Principal Associate, Rohan Shah, Principal Associate (Designate), Shivom Sharma, Senior Associate, Shrutika Salvi, Consultant, and Sachin Chandola, Consultant, advised on the title due diligence of the Land.<\/p>\n

Hasan Molla, Partner, with support from Sajith Anjickal, Associate, Sanskruti Kulkarni, Associate, and Miloni Mau, Associate advised on the corporate diligence of Saffron.<\/p>\n

Gayatri Shanker, Partner, with support from Madiha Akhtar, Associate advised and assisted on the incidental infrastructure related aspects of the transaction.<\/p>\n

Dhruv Rajain, Partner, with support from Mohini Parghi, Associate, advised on the competition law aspects of the transaction.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

CAM acted as legal counsel to JSW Steel Limited (“Client”) in relation to the acquisition of entire shareholding of Saffron Resources Private Limited. Saffron holds lands admeasuring about 887 acres in Dhenkanal District, Odisha.<\/p>\n","protected":false},"author":67011,"featured_media":357887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[81022,30960,35986,27714,85703,87957,87958],"class_list":["post-357886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-corporate-acquisition","tag-cyril-amarchand-mangaldas","tag-jsw-steel","tag-legal-counsel","tag-ma","tag-saffron-resources","tag-shareholding-acquisition"],"yoast_head":"\nCyril Amarchand Mangaldas Advises JSW Steel on Acquisition of Saffron Resources Shareholding | SCC Times<\/title>\n<meta name=\"description\" content=\"Cyril Amarchand Mangaldas acted as legal counsel to JSW Steel in the acquisition of the entire shareholding of Saffron Resources, 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Sector Renewal energy, Wind Energy 2. Announcement Date 10-Aug-2022 3. Completion Date Ongoing 4. Name of Client JSW Energy Limited 5. 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