Shardul Amarchand Mangaldas & Co. (SAM) advised Krishna Institute of Medical Sciences Limited (KIMS), one of the key healthcare corporate groups in India, on its Qualified Institutions Placement (QIP) aggregating to ₹1,500 crore (approx. USD 158 million).   The QIP comprised participation from a diverse set of institutional investors, including the International Finance Corporation (IFC),… Read More +

Shardul Amarchand Mangaldas & Co. (SAM) is pleased to welcome Prateek Bhandari, who has joined the Firm as a Partner, in the Infrastructure, Energy and Project Finance Practice in New Delhi.   Prateek brings over 13 years of experience advising project development, corporate and commercial laws, mergers and acquisitions and project financing across power, renewable… Read More +

Shardul Amarchand Mangaldas & Co. (“SAM”) acted as the legal counsel to Turtlemint Fintech Solutions Limited (“Turtlemint”) and the Investor Selling Shareholders in Turtlemint’s ₹ 8,826.70 million (approximately USD 93.51 million) initial public offering (“IPO”).   The IPO comprised a fresh issue of 43,468,552 equity shares aggregating to ₹6,607.22 million and an offer for sale… Read More +

Shardul Amarchand Mangaldas (SAM) successfully represented Vedanta Limited before the Hon’ble High Court of Delhi in securing enforcement of two foreign arbitral awards in a dispute valued at approximately USD 99 million. The Court rejected the Government of India’s objections at the enforcement stage and directed the release of bank guarantees worth approximately ₹450 crore… Read More +

Shardul Amarchand Mangaldas (SAM) advised Megha Engineering & Infrastructures Limited (MEIL) on the formation of a 50:50 joint venture with Analog SPV RSC Ltd. (Analog), an Abu Dhabi-based pioneer in physical intelligence (Pi) technology. The joint venture will establish and operate a new company to deploy and support Analog’s physical intelligence technology for intelligent infrastructure… Read More +

Shardul Amarchand Mangaldas (SAM) advised NIIF SOF on its exit from Aseem Infrastructure Finance Limited (AIFL) as part of the proposed acquisition of 100% shareholding of AIFL by TPG Rise Climate Fund and its partners (TPG).   The transaction involves TPG acquiring the entire shareholding of AIFL from its existing shareholders, namely NIIF SOF, Sumitomo… Read More +