Shardul Amarchand Mangaldas & Co. advised Rossari Biotech Limited to make public offering of 11,676,470 equity shares of face value of ₹ 2 each. This included issuing of 1,176,470 fresh equity shares aggregating ₹ 500.00 million and offers for sale of 10,500,000 equity shares aggregating to ₹ 4,462.50 million comprising an offer for sale of… Read More +
Shardul Amarchand Mangaldas & Co. advised the Committee of Creditors of Odisha Slurry Pipeline Infrastructure Limited (OSPIL) in the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, and in the subsequent implementation of the approved resolution plan submitted by ArcelorMittal India Private Limited. The approved resolution plan provided for 100% repayment… Read More +
Shardul Amarchand Mangaldas & Co. advised the book running lead managers, i.e. Axis Capital Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited, and Ambit Capital Private Limited, as to Indian law on the Qualified Institutions Placement of 13,605,442 equity shares of PI Industries Limited at a price of ₹ 1,470 per… Read More +
Shardul Amarchand Mangaldas & Co. advised Zolostays Property Solutions Private Limited to issue Series C Compulsorily Convertible Preference Shares to Investcorp, Nexus Ventures Partners, Mirae Assets Group and Trifecta Venture Fund Debt-II. The deal is valued at USD 56 million. The transaction team was led by Arjun K. Perikal, Partner; Akshita Alok, Senior Associate.… Read More +
Shardul Amarchand Mangaldas & Co. advised QORQL Private Limited, a technology company with majority shareholding of Vijay Shekhar Sharma and remaining held by Paytm, on the acquisition of 100% share capital of Raheja QBE General Insurance Company Limited. The transaction was signed on July 6, 2020. The M & A team was led by… Read More +
Shardul Amarchand Mangaldas & Co. advised Metso Oyj (Metso) and Outotec Oyj (Outotec), in obtaining approval of the Competition Commission of India (CCI) for Outotec’s acquisition of the minerals business of Metso (Metso Minerals). The transaction will be achieved by way of a partial demerger of Metso, to the effect that all assets, rights,… Read More +
