Shardul Amarchand Mangaldas & Co. advised CDS Infra Projects Limited (“CDS Infra”) in relation to the sale of its 100% stake in two operational road assets under NHAI’s Hybrid Annuity Model to Neo Infrastructure Income Opportunities Fund, a SEBI registered Category II Alternative Investment Fund, acting through its investment manager Neo Asset Management Private Limited… Read More +

Shardul Amarchand Mangaldas & Co. (SAM & Co.) is pleased to announce the appointment of three new Partners—Nishant Singh, Ranjana Adhikari, and Mihir Prashant Deshmukh—further enhancing its General Corporate and Tax practice groups in Mumbai. This expansion reflects the firm’s ongoing commitment to strengthening its capabilities, delivering high-quality legal services, and supporting the growing needs… Read More +

Shardul Amarchand Mangaldas & Co. advised the Committee of Creditors of Vadraj Cements Limited, led by Punjab National Bank in relation to the corporate insolvency resolution process of Vadraj Cements Limited. The resolution plan approved by the Hon’ble National Company Law Tribunal, Mumbai on 1 April 2025 and is valued at approximately INR 1800 crores.… Read More +

Shardul Amarchand Mangaldas & Co. advised Paul Merchants Finance Limited (“transferor”), Paul Merchants Limited, Mr. Sat Paul Bansal, and Mr. Rajneesh Bansal (collectively referred to as the “Promoter Group”) on a business transfer agreement for the sale of its gold loan business to L&T Finance Limited (“transferee). The deal is valued at approximately USD 61.3… Read More +

Shardul Amarchand Mangaldas & Co. advised the Jindal Steel & Power Group in the acquisition of the entire effective and controlling stake of Allied Strips Limited (“ASL”) through its wholly owned subsidiary Jindal Steel Odisha Limited (“JSOL”) from Nivaya ASL Private Limited (“Nivaya”). The deal was closed on 2 April, 2025 and is valued at… Read More +