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The SPA contemplates a sale of up to 50.1% of the shareholding held by True North in the Company, and will result in India Resurgence Fund acquiring control of the Company, and consequently, triggering a mandatory open offer under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The investment was a key element of the REIT’s pre-IPO capital raise aimed at consolidating real estate assets (commercial office spaces) across India and strengthening its financial position. The REIT was successfully listed on the BSE and the NSE on August 18, 2025.
This deal marks the first ever CCD issuance in India’s city gas distribution sector and represents one of India’s largest capital raises via a hybrid instrument in this financial year, strengthening IOAGPL’s capital position and supporting its gas infrastructure expansion.
The agreements will supplement Chemours’ existing global operations, allowing Chemours to efficiently bring supply flexibility while requiring no upfront capital investment.
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.
Kapil Wadhawan had executed a joint deed of personal guarantee to secure the credit facilities extended to erstwhile Dewan Housing Finance Corporation Ltd., not exceeding INR. 50,656.84 Crores.
Brandworks Technologies is a fast-growing electronics R&D and manufacturing company which successfully raised approx. $7 million with participation from Cactus Partners Fund I , Gujarat Venture Finance Limited , Legacy Assets LLP and Hira Group.
The ruling is first of a kind decision, setting a precedent for more such companies dealing with implants in India.
Antfin (Netherlands) Holding B.V., a major shareholder in One97 Communications , the parent company of Paytm , has sold its entire remaining stake in the company.
Comfort Grid Technologies Private Limited , which operates its business under the brand name “The Sleep Company”, is a leading direct to consumer startup operating in the sleep and comfort segment.
This deal marks financial closure of Phase 1 of HPCL’s green energy initiative, which is currently focused on captive usage for HPCL’s group companies.
Cyril Amarchand Mangaldas advised QpiAI India Private Limited on its Series A fund raise of USD 32 million, led by new investors: Avataar Capital and National Quantum Mission, Department of Science and Technology, Government of India, with participation from other new and existing investors.
Abhishek has extensive experience in handling transactions across a broad range of sectors, including healthcare, financial services, manufacturing and IT sectors.
A wholly owned subsidiary of a middle eastern sovereign fund has entered into definitive agreements to invest USD 200 million for an approx. 3% stake in Micro Life Sciences Private Limited, one of India’s leading medical devices companies.
CAM advised and assisted Arkade Developers Limited, a listed company, in the acquisition of 100% of the share capital (on a fully diluted basis) of Filmistan Private Limited.
The equity shares issued pursuant to the rights issue commenced trading on BSE and NSE on July 31, 2025.
CAM advised Brigade Hotel Ventures Limited as their domestic legal counsel, on its initial public offering of 84,429,103 equity shares of face value Rs. 10 each of the Company aggregating to Rs. 7,596.00 million.
Cyril Amarchand Mangaldas acted as legal advisors to Canada Pension Plan Investment Board in the phased divestment of its entire 49% stake in Island Star Mall Developers Private Limited to The Phoenix Mills Limited.
CAM advised HDB Financial Services Limited (“Company”), as the Indian legal counsel to the Company in its initial public offering of 168,918,917
CAM advised the lead managers, JM Financial Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited and Nomura Financial Advisory and Securities (India) Private Limited in connection with the IPO of Anthem Biosciences Limited.