Shardul Amarchand Mangaldas advises MegaDelta Capital in selling entire share capital of Nova Medical Centers Private Limited

Shardul Amarchand Mangaldas & Co (SAM & Co) has advised MegaDelta Capital (formerly known as New Enterprise Associates) in selling the entire share capital of Nova Medical Centers Private Limited to Asia Healthcare Holdings in multiple tranches. The other sellers were Goldman Sachs; GTI Mediventures (a fund managed and operated by Mr. Michael Schulhof, former… Read More +

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Shardul Amarchand Mangaldas advises Mr. Gigi George in setting up Taking Off To The Future Airport Fund and Taking Off To The Future Investment Management LLP

Shardul Amarchand Mangaldas & Co (SAM & Co) has advised Mr. Gigi George in setting up airport-specific fund “Taking Off To The Future Airport Fund”, which can raise a capital of up to Rs. 10,000 crore and Investment Manager “Taking Off To The Future Investment Management LLP”, a Category II Alternative Investment Fund that will… Read More +

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Shardul Amarchand Mangaldas advises Aarti Industries Limited in the issuing of 53,68,647 equity shares to qualified institutional buyers

Shardul Amarchand Mangaldas & Co (SAM & Co) has advised Aarti Industries Limited in the issuance of 53,68,647 equity shares at a face value of Rs. 5 each at a price of Rs. 1397 per equity share aggregating up to Rs. 7,500 million to qualified institutional buyers via Qualified Institutional Placement (QIP). This is the… Read More +

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Shardul Amarchand Mangaldas advises Brookfield Asset Management in acquisition of assets worth INR Rs. 4,100 crore from Hotel Leelaventures Limited

Shardul Amarchand Mangaldas & Co (SAM & Co) has advised Brookfield Asset Management in acquisition of hotel assets of approximately INR Rs. 4,100 crore from Hotel Leelaventures Limited (HLVL).   Brookfield intends to acquire from HLVL (a) the hotel business, together with all assets and liabilities of the hotels located at Bangalore, Chennai, Delhi and… Read More +

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Shardul Amarchand Mangaldas advises Bank of America Merrill Lynch in acquisition of 93% of debt portfolio of Jayaswal Neco Industries Limited

Shardul Amarchand Mangaldas & Co (SAM & Co) has advised Bank of America Merrill Lynch and other FPI investors in acquiring 93% of the non-performing debt of Jayaswal Neco Industries Limited (JNIL), amounting to approximately INR 40,150 million.   The Banking and Finance and Insolvency and Bankruptcy practice groups of SAM & Co acted as… Read More +

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Shardul Amarchand Mangaldas advises Wadhawan Global Capital Private Limited and Dewan Housing Finance Corporation Limited in the sale of stakes in Avanse Financial Services Limited

Shardul Amarchand Mangaldas & Co (SAM & Co) has advised Wadhawan Global Capital Private Limited (Seller 1) and Dewan Housing Finance Corporation Limited (Seller 2) in selling their stakes in Avanse Financial Services Limited to Olive Vine Investments Ltd. (company), an affiliate of the Warburg Pincus Group.   The Corporate practice of SAM & Co… Read More +

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