Shardul Amarchand Mangaldas

  • 11 September 2017

    SAM, AZB on DLF’s Cyber City rental arm stake sale to GIC for $1.9bn

    Realty Major DLF Limited has entered into an agreement to sell a stake of 33.34% in its rental arm, DLF Cyber City Developers Limited (DCCDL) to Reco Diamond Private Limited, an affiliate of the Singapore sovereign wealth fund, GIC Group, in a multi-stage transaction for an aggregate value of US$ 1.9 billion, as reported by VCCircle and Business Standard.

  • 04 September 2017

    AZB, SAM on $2bn GIC buy in DLF

    “A stake sale by DLF Ltd’s promoters to an affiliate of Singapore’s sovereign wealth fund GIC Pte Ltd will see capital infusion of nearly Rs 13,000 crore into India’s largest property developer,” reported Mint.

  • 30 August 2017

    ANM, SAM on Tendulkar’s Smaaash acquisition of PVR Thai JV bluO for $13.5m

    Smaaash Entertainment, a gaming and entertainment company co-owned by Sachin Tendulkar has entered into a definitive agreement to acquire a 100% stake in bluO entertainment, PVR's JV with Thailand-based Major Cineplex Group, B, through a cash acquisition deal for Rs 86 crores ($13.46 million), as reported by Livemint.

  • 22 August 2017

    SAM, AZB, Squire, Skadden on Mars buy of Preferred Brands

    "Mars Food, part of Mars Inc said it has signed a definitive agreement to acquire Connecticut-based Preferred Brands International, known for its ready-to-heat Indian and Asian food products sold primarily under brand Tasty Bite," reported The Hindu Businessline.

  • 21 August 2017

    Themis, SAM, CAM, Rajaram Legal on $50m Five Star funding

    "Non-banking finance company Five Star Business Finance has raised Rs 333 crores (about $50 million) in its Series C round led by Norwest Venture Partners and Sequoia Capital. Existing investors including a fund managed by Morgan Stanley Private Equity Asia and Matrix Partners also participated in the round. The round saw Five Star raising Rs 318 crores through primary infusion with about Rs 15 crores coming in via a secondary sale of shares," reported the Economic Times.

  • 18 August 2017

    Khaitan, SAM on $5.6m Pepe Dollar JV

    "Dollar Industries Limited announced an equal joint venture with Pepe Jeans Europe BV. Pepe London would pump in ₹36 crore worth of equity as its contribution over four years," reported The Hindu.

  • 10 August 2017

    Shardul Amarchand dips below Rs 15-16 lakh base pay hike it had announced 2 years ago

    Shardul Amarchand Mangaldas (SAM) is offering multiple campus recruits base pay below the Rs 15-16 lakh fixed package that it had promised to students and announced to media in a record hike in 2015, that had placed the firm near the top of the fresher salary table.

  • 02 August 2017

    Juris Corp partner Veena Sivaramakrishnan joins SAM partnership in Mumbai

    Former Juris Corp partner Veena Sivaramakrishnan is joining Shardul Amarchand Mangaldas as a partner in Mumbai, as first reported by Bar & Bench.

  • 27 July 2017

    LLILS, Themis, SAM on $15m 1mg fundraising from HBM Healthcare and others

    "Online pharmacy and healthcare services start-up 1mg Technologies Pvt. Ltd has raised $15 million in a funding round led by global healthcare-focused fund HBM Healthcare Investments AG, to launch predictive healthcare and corporate wellness products. The series C round also saw participation from existing investors Maverick Capital Ventures, Sequoia India, Omidyar Network and Kae Capital," reported Mint.

  • 27 July 2017

    SAM, CAM, D&D, Slaughter, Latham on $325m GE stake sale in SBI

    "Global private equity (PE) firm Carlyle Group has emerged as the front runner for GE Capital Corp’s stake in SBI Card, the credit card joint venture between the US-based company and India’s largest lender State Bank of India (SBI). Carlyle has emerged as the front runner for GE Capital’s stake in SBI Cards for somewhere around $325 million. The board of SBI settled upon the final bidder in a meeting. Carlyle has pipped Warburg Pincus and Credit Saison and emerged as the final bidder though the deal is not closed yet,” reported Mint.

  • 14 July 2017

    Shardul Amarchand corp Mumbai push: Delhi’s Raghubir Menon moves to Mumbai as post-Shuva M&A head, with partners Natashaa Shroff, Ekta Gupta

    After national M&A head Shuva Mandal is set to join Tata Sons as group general counsel (GC) tomorrow (15 July), Shardul Amarchand Mangaldas has appointed partner Raghubir Menon into the regional M&A head role.

  • 14 July 2017

    SAM for McDonald’s India MD Vikram Bakshi NCLT win vs Dua for McDonald’s

    “In a major setback to the US- based fast food chain McDonald's in India, the National Company Law Tribunal (NCLT) today restored its estranged partner Vikram Bakshi as the Managing Director of Connaught Plaza Restaurant Ltd. The tribunal has said the meeting of Connaught Plaza Restaurants Ltd (CPRL) of August 6, 2013 in which Bakshi was removed as MD of the company was illegal, unjust and malafide,” reported the PTI.

  • 07 July 2017

    Khaitan, SAM, Sidley on Eris Lifesciences IPO

    "The initial public offer (IPO) of Eris Lifesciences was subscribed 3.27 times on the last day of the public offer and book running lead managers to the offer are Axis Capital, Citigroup Global Markets India and Credit Suisse Securities (India)," reported Economic Times.

  • 30 June 2017

    Cobrapost sting evidence not quite enough for anti-money laundering penalties on 15 banks: raft of firms and seniors defend bank appeals

    The Prevention of Money Laundering appellate tribunal set aside penalties imposed on 15 banks, in 2013, by the Financial Intelligence Unit (FIU) for alleged failure to prevent money laundering as revealed in a purported expose by news media Cobrapost.

  • 16 June 2017

    SAM, CAM steer Canadian Intertape’s $25m acquisition of Indian construction textile maker Capstone

    Intertape, the Canadian packaging company with executive headquarters in Sarasota County, announced Thursday it is making a “greenfield” investment in Capstone Polyweave Private Limited, which plans to build a $30 million manufacturing facility in Karoli, India. Capstone’s shareholders also own and operate Delhi-based Airtrax Polymers Private Limited, which manufactures and sells woven products that are used in the building and construction industry. Airtrax posted $11 million in revenues for the year ended March 31.

  • 06 June 2017

    CAM, SAM team up for $2.3bn State Bank of India QIP

    The CLIENT:: State Bank of India (SBI);; is planning to raise Rs 15,000 crore in capital through a qualified institutional placement (QIP) of 54.4 crore equity shares, reported Bloomberg Quint.

  • 23 May 2017

    Breaking: Shardul Amarchand’s Shuva Mandal to succeed Bharat Vasani as Tata group GC [UPDATE-1: Tatas confirm]

    Shardul Amarchand Mangaldas Mumbai partner Shuva Mandal is set to become the top general counsel (GC) of Tata Sons, the holding company of India’s largest conglomerate, replacing its long-serving GC Bharat Vasani, according to two authoritative sources.

  • 23 May 2017

    Breaking: Shardul Amarchand’s Shuva Mandal to succeed Bharat Vasani as Tata group GC [UPDATE-1: Tatas confirm]

    Shardul Amarchand Mangaldas Mumbai partner Shuva Mandal is set to become the top general counsel (GC) of Tata Sons, the holding company of India’s largest conglomerate, replacing its long-serving GC Bharat Vasani, according to two authoritative sources.

  • 23 May 2017

    NDA, SAM, Trilegal on $1.4bn SoftBank funding in Paytm

    “Paytm has raised $1.4 billion from SoftBank Group Corp. in the largest funding round by a single investor in India, making the digital payments firm the Japanese company’s biggest bet in India’s start-up ecosystem. The deal includes $400 million worth of shares that SoftBank will buy largely from Paytm’s early investor SAIF Partners in a secondary transaction, and a minor stake from founder Vijay Shekhar Sharma, according to two persons close to the development,” reported Mint.

  • 12 May 2017

    Luthra nabs young Shardul Amarchand litigation partner Akhil Anand

    Recently promoted Shardul Amarchand Mangaldas (SAM) Delhi disputes partner Akhil Anand will be joining Luthra & Luthra, according to authoritative sources.

Latest comments