{"id":374507,"date":"2026-02-03T12:00:01","date_gmt":"2026-02-03T06:30:01","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=374507"},"modified":"2026-02-03T11:54:03","modified_gmt":"2026-02-03T06:24:03","slug":"cam-goldman-sachs-pepperfry-tcc-acquisition","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2026\/02\/03\/cam-goldman-sachs-pepperfry-tcc-acquisition\/","title":{"rendered":"Cyril Amarchand Mangaldas acted as legal counsels for Goldman Sachs"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">TCC Concept Limited (&#8220;<span style=\"font-weight: bold;\">TCC<\/span>&#8221;) acquired a significant majority stake in Pepperfry Limited (&#8220;<span style=\"font-weight: bold;\">Pepperfry<\/span>&#8221;) from its existing shareholders, in lieu of issuance of its shares to the existing shareholders. We represented Goldman Sachs, an existing shareholder in Pepperfry.<\/p>\n<p style=\"margin-bottom: 3%;\">The transaction team was led by <span style=\"font-weight: bold;\">Ravindra Bandhakavi<\/span>, <span style=\"font-style: italic;\">Senior Partner;<\/span> <span style=\"font-weight: bold;\">Srabanee Ghosh<\/span>, <span style=\"font-style: italic;\">Partner;<\/span> with support from <span style=\"font-weight: bold;\">Akshat Parmar<\/span>, <span style=\"font-style: italic;\">Principal Associate;<\/span> <span style=\"font-weight: bold;\">Shreya Shenolikar<\/span>, <span style=\"font-style: italic;\">Senior Associate;<\/span> and <span style=\"font-weight: bold;\">Raghuvansh Seth, Bharti Singh<\/span>, and <span style=\"font-weight: bold;\">Rhea Prasad<\/span>, <span style=\"font-style: italic;\">Associates.<\/span><\/p>\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\">Anand Jayachandran<\/span>, <span style=\"font-style: italic;\">Partner;<\/span> and <span style=\"font-weight: bold;\">Ranganayakulu Jagarlamudi<\/span>, <span style=\"font-style: italic;\">Consultant- Regulatory Affairs;<\/span> provided key strategic advice in respect of the structure and complexities arising on account of TCC being a listco.<\/p>\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\">Dhruv Rajain<\/span>, <span style=\"font-style: italic;\">Partner;<\/span> and <span style=\"font-weight: bold;\">Rajat Sharma<\/span>, <span style=\"font-style: italic;\">Senior Associate;<\/span> evaluated CCI aspects of the deal.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">The deal involved complex structuring considerations due to TCC being a listed company and included competition law assessment by the firm&#8217;s regulatory team.<\/p>\n","protected":false},"author":67011,"featured_media":374513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[68835,98050,30960,98046,98051,98048,98049,98047],"class_list":["post-374507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-cam","tag-cci-review","tag-cyril-amarchand-mangaldas","tag-goldman-sachs-pepperfry-deal","tag-listed-company-acquisition","tag-pepperfry-majority-stake","tag-share-swap-transactions","tag-tcc-concept-limited-acquisition"],"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>Cyril Amarchand Mangaldas acted as legal counsels for Goldman Sachs | SCC Times<\/title>\n<meta name=\"description\" content=\"Cyril 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