Media & Events
Shardul Amarchand Mangaldas & Co advises E2E Networks Limited on its INR1.07 billion qualified institutions placement
March 6, 2026
Shardul Amarchand Mangaldas & Co. acted as legal counsel to E2E Networks Limited in connection with its Qualified Institutions Placement (QIP) aggregating INR1.07 billion (approximately USD 12 million).
The QIP was undertaken to raise capital from qualified institutional buyers, and the proceeds are proposed to be utilised towards funding the company’s capital expenditure for procurement of cloud compute infrastructure, including cloud GPUs, traditional compute infrastructure and other related IT equipment, as well as for general corporate purposes.
The SAM transaction team was led by Sayantan Dutta, Partner, with support from Kamiya Marwah, Senior Associate; Divya Dhawan, Associate; and Manya Sharma, Associate.