Shardul Amarchand Mangaldas & Co is advising Indian electric two-wheeler maker Ather Energy on its upcoming $536.2 million initial public offering (45 billion rupees), as more emerging companies than ever before turn to India’s red-hot stock market to raise funds.
Ratnadeep Roychowdhury, co-head of Nishith Desai Associates’ private equity and sovereign wealth funds group has moved to Cyril Amarchand Mangaldas, making him the second NDA practice head to move to CAM in a week.
Cyril Amarchand Mangaldas advised its longstanding client Adani on Adani Ports and Special Economic Zone’s acquisition of 80 percent stake in Astro Offshore, an offshore support vessel operator. Watson Farley & Williams advised the selling shareholders of Astro Offshore.
Nayara Energy’s former assistant general counsel Aayush Kumar is moving back to private practice, joining Argus Law as a partner in its Mumbai-based corporate practice, as law firms continue to hire in-house lawyers to bolster their capabilities.
IndusLaw has bolstered its employment law capabilities with the addition of former Kochhar partner Debjani Aich in Bengaluru.
Sahil Kanuga, who heads the international dispute resolution practice at Nishith Desai Associates, is joining Cyril Amarchand Mangaldas as a partner in its white-collar crime and dispute resolution practice in Mumbai.
M&A-focused Anagram Partners has become the latest to turn to IndusLaw to expand its offerings with the addition of M&A and private equity-focused partner Faraz Khan in Mumbai.
Shardul Amarchand Mangaldas & Co. has advised Emcure Pharmaceuticals on its 19.5-billion-rupee ($234 million) initial public offering, with Khaitan & Co advising the bookrunning lead managers.
Cyril Amarchand Mangaldas has added a fourth partner to its ranks in July as real estate attorney Siddharth Singh joins the firm along with his entire team in Ahmedabad. Singh previously ran his own law firm SBS Legal Advocates in the city.
J. Sagar Associates has advised Interglobe Enterprises on a 2 percent divesture in low-cost Indian airline IndiGo for 33.6 billion rupees ($401 million). Citigroup, which bought IndiGo shares worth 13.6 billion rupees via the open market, was advised by IndusLaw and A&O Shearman.
As one of Japan’s Big Four law firms, Anderson Mori & Tomotsune has made it its mission to improve diversity and inclusion, or D&I, across the firm and Japan’s legal industry. ALB talks to Mari Itoh, a partner at AMT and a