Cyril Amarchand Mangaldas has advised Brigade Enterprises, a real estate developer in India, on its fundraising through qualified institutional placement (QIP) of equity shares totalling approximately $179 million. Khaitan & Co and Hogan Lovells Lee & Lee advised the book-running lead managers to the deal.
Luthra and Luthra has continued its strong rebuild in September, following a cluster of exits from the firm, with the addition of a five-member disputes team in Hyderabad from Kings Stubb & Kasiva (KSK) led by partner Rajeev Rambhatla, and healthcare-focused corporate partner Pradnesh Warke from Dentons Link Legal in Mumbai.
Cyril Amarchand Mangaldas has advised real estate developer Prestige Estates Projects on its $595 million qualified institutional placement of shares. Trilegal and White & Case advised the lead managers on the deal.
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.
India’s Union Finance Minister Nirmala Sitharaman presented the interim Union Budget on Thursday. With elections around the corner, an interim budget is presented to keep essential government operations funded until the newly elected government presents its full budget.
Indian law firm Cyril Amarchand Mangaldas has made its first partner hire in the new year with the addition of KZ Kuriyan, who had been a Bengaluru-based partner in J Sagar Associates’ corporate team since 2020.
Indian law firm Trilegal has guided infrastructure investment trust Highways Infrastructure Trust (HIT) on its approximately $1.08 billion acquisition of 12 road projects from PNC Infratech, which was advised by Shardul Amarchand Mangaldas.
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