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The acquisition enables LMEL to enhance its pellet production capabilities, strengthening its raw material security and support in long term growth strategy in line with its core business operations.
Cyril Amarchand Mangaldas acted as legal counsel for ReNew Private Limited on the sale of 100% of its wholly owned subsidiary, ReNew Sun Bright Private Limited
Ksolare Energy is a company engaged in manufacturing solar inverters and providing smart energy solutions.
The deal marks Premier Energies’ foray into the power transformer manufacturing segment, expanding its presence in India’s fast-growing energy infrastructure ecosystem.
The transaction also paves the way for the integration of Emirates NBD’s India operations with RBL Bank, aligning with the Reserve Bank of India’s single-mode-of-presence framework for foreign banks — a milestone that underscores India’s growing position as a global financial hub.
Approval covers the proposed stake purchase and subsequent amalgamation of JB Chemicals with Torrent.
Cyril Amarchand Mangaldas advised Sammaan Capital on the proposed investment of USD 1 billion by an affiliate of International Holding Company P.J.S.C. (IHC), a global investment company, for acquisition of 43.46% stake and control of the Company.
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.
Advent has entered into agreements to acquire a majority shareholding in Sapiens International, a global leader in intelligent SaaS-based software solutions for the insurance industry.
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.
The value of this deal was approximately USD 3 billion as consideration for the repurchase of a portion of its Class B ordinary shares held by Trip.com.
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.
Shardul Amarchand Mangaldas & Co. acted as legal counsel to the REA Group in relation to its strategic divestment of 100% stake held in PropTiger Marketing Services Private Limited to Aurum PropTech Limited , an Indian listed entity.
CAM is representing Adani Enterprises Limited and Adani Commodities Limited on ACL’s sale of up to 20% of its shareholding, in AWL Agri Business Limited to Lence Pte. Ltd. a wholly owned subsidiary of Wilmar International Limited.
Cyril Amarchand Mangaldas acted as legal counsel to JSW Energy Limited (as successful bidder) for availing credit facility of INR 12,475 Crore from State Bank of India for implementation of resolution plan.