{"id":361406,"date":"2025-09-24T10:30:06","date_gmt":"2025-09-24T05:00:06","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=361406"},"modified":"2025-09-24T10:27:37","modified_gmt":"2025-09-24T04:57:37","slug":"shardul-amarchand-carlyle-yes-bank-stake-sale","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/","title":{"rendered":"Shardul Amarchand Mangaldas &amp; Co. advises Carlyle on sale of its stake in Yes Bank to Sumitomo Mitsui Banking Corporation"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">Shardul Amarchand Mangaldas &amp; Co. (SAM) advised CA Basque Investments, an affiliate of Carlyle, on the sale of its entire shareholding in Yes Bank Limited (&#8220;Yes Bank&#8221;) to Sumitomo Mitsui Banking Corporation (&#8220;SMBC&#8221;) for approximately USD 325 million.<\/p>\n<p style=\"margin-bottom: 3%;\">This deal marks a significant cross-border transaction in the Indian banking sector, underscoring continued global investor interest and strategic consolidation in the country&#8217;s financial services industry.<\/p>\n<p style=\"margin-bottom: 3%;\">SAM acted as legal counsel to Carlyle and advised on the regulatory framework, transaction structuring, drafting and negotiation of the share purchase agreement and ancillary documents, as well as execution and closing actions.<\/p>\n<p style=\"margin-bottom: 3%;\">Abhishek Guha, Partner led the transaction for SAM with a team comprising of Tanya Uppal, Partner, Veena Sivaramakrishnan, Partner, Mohit Bhatia, Partner, Kanwardeep Singh Kapany, Counsel and Yash Modi, Senior Associate.<\/p>\n<p style=\"margin-bottom: 3%;\">The SAM team had also advised Carlyle during its acquisition of a 9.99% stake in Yes Bank in 2022.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">This deal marks a significant cross-border transaction in the Indian banking sector, underscoring continued global investor interest and strategic consolidation in the country&#8217;s financial services industry.<\/p>\n","protected":false},"author":67011,"featured_media":361413,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[89718,89715,89719,81929,88886,46701,89717,89716],"class_list":["post-361406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-banking-transaction","tag-carlyle","tag-investment-deal-india","tag-ma-india","tag-private-equity-exit","tag-shardul-amarchand-mangaldas","tag-sumitomo-mitsui-banking-corporation","tag-yes-bank-stake-sale"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SAM Advises Carlyle on Sale of Yes Bank Stake to Sumitomo Mitsui Banking Corporation | SCC Times<\/title>\n<meta name=\"description\" content=\"Shardul Amarchand Mangaldas &amp; Co. advised Carlyle on the sale of its stake in Yes Bank to Sumitomo Mitsui Banking Corporation, marking a significant private equity exit in India.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shardul Amarchand Mangaldas &amp; Co. advises Carlyle on sale of its stake in Yes Bank to Sumitomo Mitsui Banking Corporation\" \/>\n<meta property=\"og:description\" content=\"Shardul Amarchand Mangaldas &amp; Co. advised Carlyle on the sale of its stake in Yes Bank to Sumitomo Mitsui Banking Corporation, marking a significant private equity exit in India.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-24T05:00:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Yes-Bank-stake-sale.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"886\" \/>\n\t<meta property=\"og:image:height\" content=\"590\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Shardul Amarchand Mangaldas &amp; Co. advises Carlyle on sale of its stake in Yes Bank to Sumitomo Mitsui Banking Corporation\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/\",\"name\":\"SAM Advises Carlyle on Sale of Yes Bank Stake to Sumitomo Mitsui Banking Corporation | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Yes-Bank-stake-sale.webp\",\"datePublished\":\"2025-09-24T05:00:06+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\"},\"description\":\"Shardul Amarchand Mangaldas & Co. advised Carlyle on the sale of its stake in Yes Bank to Sumitomo Mitsui Banking Corporation, marking a significant private equity exit in India.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Yes-Bank-stake-sale.webp\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Yes-Bank-stake-sale.webp\",\"width\":886,\"height\":590,\"caption\":\"Yes Bank stake sale\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shardul Amarchand Mangaldas &amp; Co. advises Carlyle on sale of its stake in Yes Bank to Sumitomo Mitsui Banking Corporation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"SAM Advises Carlyle on Sale of Yes Bank Stake to Sumitomo Mitsui Banking Corporation | SCC Times","description":"Shardul Amarchand Mangaldas & Co. advised Carlyle on the sale of its stake in Yes Bank to Sumitomo Mitsui Banking Corporation, marking a significant private equity exit in India.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/","og_locale":"en_US","og_type":"article","og_title":"Shardul Amarchand Mangaldas & Co. advises Carlyle on sale of its stake in Yes Bank to Sumitomo Mitsui Banking Corporation","og_description":"Shardul Amarchand Mangaldas & Co. advised Carlyle on the sale of its stake in Yes Bank to Sumitomo Mitsui Banking Corporation, marking a significant private equity exit in India.","og_url":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2025-09-24T05:00:06+00:00","og_image":[{"width":886,"height":590,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Yes-Bank-stake-sale.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_title":"Shardul Amarchand Mangaldas &amp; Co. advises Carlyle on sale of its stake in Yes Bank to Sumitomo Mitsui Banking Corporation","twitter_misc":{"Written by":"Editor","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/","url":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/","name":"SAM Advises Carlyle on Sale of Yes Bank Stake to Sumitomo Mitsui Banking Corporation | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Yes-Bank-stake-sale.webp","datePublished":"2025-09-24T05:00:06+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"description":"Shardul Amarchand Mangaldas & Co. advised Carlyle on the sale of its stake in Yes Bank to Sumitomo Mitsui Banking Corporation, marking a significant private equity exit in India.","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Yes-Bank-stake-sale.webp","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Yes-Bank-stake-sale.webp","width":886,"height":590,"caption":"Yes Bank stake sale"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/24\/shardul-amarchand-carlyle-yes-bank-stake-sale\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Shardul Amarchand Mangaldas &amp; Co. advises Carlyle on sale of its stake in Yes Bank to Sumitomo Mitsui Banking Corporation"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Yes-Bank-stake-sale.webp","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":283947,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/15\/shardul-amarchand-mangaldas-advises-core-infrastructure-india-fund-and-global-energy-efficiency-and-renewable-energy-fund-on-sale-of-their-stake-in-solararise-india-projects-to-thomas-lloyd-energy-imp\/","url_meta":{"origin":361406,"position":0},"title":"Shardul Amarchand Mangaldas advises Core Infrastructure India Fund and Global Energy Efficiency and Renewable Energy Fund on sale of their stake in SolarArise India Projects to Thomas Lloyd Energy Impact Trust Plc.","author":"Bhumika Indulia","date":"February 15, 2023","format":false,"excerpt":"14 February 2023| New Delhi: : Shardul Amarchand Mangaldas & Co. advised Core Infrastructure India Fund Pte Limited (a fund of the Kotak Group) and Global Energy Efficiency and Renewable Energy Fund (advised by European Investment Bank) on sale of their stake in SolarArise India Projects Private Limited to ThomasLloyd\u2026","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"Shardul Amarchand Mangaldas","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-108.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":288302,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/04\/01\/shardul-amarchand-mangaldas-advises-yes-bank-in-granting-financial-assistance-to-altamount-road-property-private-limited-for-an-amount-aggregating-to-inr-215-crore\/","url_meta":{"origin":361406,"position":1},"title":"Shardul Amarchand Mangaldas advises YES Bank in granting financial assistance to Altamount Road Property Private Limited for an amount aggregating to INR 215 Crore","author":"Bhumika Indulia","date":"April 1, 2023","format":false,"excerpt":"Shardul Amarchand Mangaldas & Co. advised YES Bank in granting financial assistance by way of a rupee term loan facility to Altamount Road Property Private Limited. The assistance was availed for the construction of an industrial and logistical park in two phases. The deal was valued approximately at USD 264.46\u2026","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/MicrosoftTeams-image-133.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/MicrosoftTeams-image-133.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/MicrosoftTeams-image-133.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/MicrosoftTeams-image-133.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":347527,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/05\/10\/jsa-advises-sumitomo-mitsui-yes-bank-stake\/","url_meta":{"origin":361406,"position":2},"title":"JSA advises Sumitomo Mitsui Banking Corporation in acquiring 20% stake in YES Bank","author":"Editor","date":"May 10, 2025","format":false,"excerpt":"JSA advised Sumitomo Mitsui Banking Corporation in acquiring 20% stake in YES Bank Limited","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"Sumitomo Mitsui YES Bank acquisition","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/05\/Sumitomo-Mitsui-YES-Bank-acquisition.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/05\/Sumitomo-Mitsui-YES-Bank-acquisition.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/05\/Sumitomo-Mitsui-YES-Bank-acquisition.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/05\/Sumitomo-Mitsui-YES-Bank-acquisition.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":292287,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/16\/shardul-amarchand-mangaldas-advises-macquarie-capital-in-its-acquisition-of-majority-stake-in-excel-telesonic-india-private-limited-cloudextel\/","url_meta":{"origin":361406,"position":3},"title":"Shardul Amarchand Mangaldas advises Macquarie Capital in its acquisition of majority stake in Excel Telesonic India Private Limited (CloudExtel)","author":"Bhumika Indulia","date":"May 16, 2023","format":false,"excerpt":"Shardul Amarchand Mangaldas & Co. advised Macquarie Capital, the corporate advisory, capital markets, and principal investment arm of Macquarie Group, in its acquisition of majority stake in Excel Telesonic India Private Limited (CloudExtel), a leading Network as a Service (NaaS) provider in India. Shardul Amarchand Mangaldas & Co. advised on\u2026","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"shardul amarchand mangaldas","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/shardul-amarchand-mangaldas.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/shardul-amarchand-mangaldas.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/shardul-amarchand-mangaldas.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/shardul-amarchand-mangaldas.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":314661,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/02\/20\/shardul-amarchand-mangaldas-co-advises-inventurus-knowledge-solutions-limited-on-its-acquisition-of-aquity-solutions-inc\/","url_meta":{"origin":361406,"position":4},"title":"Shardul Amarchand Mangaldas &amp; Co. advises Inventurus Knowledge Solutions Limited on its acquisition of Aquity Solutions Inc.","author":"Bhumika Indulia","date":"February 20, 2024","format":false,"excerpt":"Shardul Amarchand Mangaldas & Co. advised Inventurus Knowledge Solutions Limited on its offshore financing to acquire Aquity Solutions Inc. including issuance of guarantee to JP Morgan Chase Bank, N.A., Sumitomo Mitsui Banking Corporation and Citibank N.A. (\u201cLenders\u201d) through a reverse merger process. The financing of the deal was closed on\u2026","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"Aquity Solutions Inc.","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Aquity-Solutions-Inc.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Aquity-Solutions-Inc.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Aquity-Solutions-Inc.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Aquity-Solutions-Inc.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":379230,"url":"https:\/\/www.scconline.com\/blog\/post\/2026\/03\/24\/cam-advises-mufg-smbc-ecb-adani-hvdc-transmission-project\/","url_meta":{"origin":361406,"position":5},"title":"Cyril Amarchand Mangaldas represented a consortium of lenders comprising of MUFG Bank, Ltd and Sumitomo Mitsui Banking Corporation, Gift City Branch","author":"Editor","date":"March 24, 2026","format":false,"excerpt":"Cyril Amarchand Mangaldas represented a consortium of lenders including MUFG Bank and Sumitomo Mitsui Banking Corporation on ECB and guarantee facilities extended to Rajasthan Part I Power Transmission Limited, a subsidiary of Adani Energy Solutions. The financing supports a major 6000 MW HVDC transmission project spanning Rajasthan and Uttar Pradesh.","rel":"","context":"In &quot;Law Firms News&quot;","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"Adani HVDC Transmission Project ECB Financing","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/03\/Adani-HVDC-Transmission-Project-ECB-Financing.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/03\/Adani-HVDC-Transmission-Project-ECB-Financing.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/03\/Adani-HVDC-Transmission-Project-ECB-Financing.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/03\/Adani-HVDC-Transmission-Project-ECB-Financing.webp?resize=700%2C400&ssl=1 2x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/361406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67011"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=361406"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/361406\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/361413"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=361406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=361406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=361406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}