Shardul Amarchand Mangaldas & Co. advised HDFC Bank Limited, Punjab National Bank and South Indian Bank Limited in relation to a resolution plan invoked under RBI Covid Resolution Framework, which, inter alia, involved restructuring of outstanding credit facilities and granting of additional funded interest term loan facilities to Maverick Holdings and Investments Private Limited and… Read More +

Shardul Amarchand Mangaldas & Co. acted as legal counsel to OMERS Infrastructure (“OMERS”) as to Indian laws on its acquisition of 19.4% equity stake in Azure Power Global Limited from International Finance Corporation and IFC GIF Investment Company. The deal is valued at US$ 219 million, approximately. The date of closing was 6 August, 2021.… Read More +

Shardul Amarchand Mangaldas & Co advised Kotak Mahindra Capital Company Limited, CLSA India Private Limited, Edelweiss Financial Services Limited and Motilal Oswal Investment Advisors Private Limited on Devyani International Limited’s initial public offering valued at ₹ 22,178 million (₹ 18,380 million by way of IPO and ₹ 3,798 million by way of pre-IPO sale by… Read More +