Shardul Amarchand Mangaldas & Co. advises Macquarie Asset Management on sale of safeway concessions platform to VINCI highways

Shardul Amarchand Mangaldas & Co. (SAM) provided legal advice to Macquarie Asset Management on the sale of 100% stake in the Safeway Concessions platform, which includes nine toll highway concession entities to VINCI Highways, a part of VINCI Concessions.   The transaction values the platform at an enterprise value of approximately INR 150 billion, subject… Read More +

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Shardul Amarchand Mangaldas advises Prudential Financial on sale of PGIM’s Asset Management Business in India to TVS Venu Group

Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to Prudential Financial, Inc. (“PFI”) on the sale of its 100% stake in PGIM India Asset Management Private Limited (“PGIM India”) and PGIM India Trustees Private Limited, to TVS Venu Group.   PGIM India is a wholly owned business of PGIM, the global investment management… Read More +

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Shardul Amarchand Mangaldas advises Norwest Venture Partners and Alpha Wave Global on Mensa Group’s Reverse Flip to India

Shardul Amarchand Mangaldas & Co. (SAM) advised Norwest Venture Partners X – Mauritius and Alpha Wave Global on the restructuring and reverse flip of the Mensa Group from Singapore to India, through a cross-border merger of Mensa Brand Technologies Pte. Ltd. into Mensa Brand Technologies Private Limited, approved by the Chandigarh NCLT on February 20,… Read More +

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Shardul Amarchand Mangaldas & Co. advised Super Diamond Enterprises on Proposed Sale of Diamond Plaza Mall to Nexus Select Trust

Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to Super Diamond Enterprises and its partners on the proposed sale of 100% shareholding of the entity owning Diamond Plaza Mall in Kolkata to Nexusmalls Whitefield Private Limited, an SPV of Nexus Select Trust.   The transaction, valued at approximately INR 347.5 crore (USD ~37.4… Read More +

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Shardul Amarchand Mangaldas Advises Permira and Norwest on Multi-Tranche Secondary Acquisition in SILA Solutions

Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to Permira Advisors Pte. Ltd. (Permira) and Norwest Venture Partners X – Mauritius (Norwest) in relation to a cross-border, multi-tranche secondary acquisition of securities in SILA Solutions Private Limited (SILA Solutions). The transaction involves an investment of ~USD 100 million in SILA Solutions by Permira,… Read More +

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Shardul Amarchand Mangaldas Advises Poonawalla Fincorp on INR 2,500 Crore Qualified Institutions Placement

Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to Poonawalla Fincorp Limited (Issuer) on its qualified institutions placement (QIP) of equity shares, through which the company raised approximately INR 2,500 crore (Issue). The net proceeds of the Issue are proposed to be used for augmenting the Issuer’s assets under management, strengthening its capital… Read More +

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