Mumbai (Maharashtra)/ New Delhi [India], December 14 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Morgan Stanley India Capital Private Limited (Morgan Stanley), in relation to the sale of equity shares of Zomato Limited (Zomato) by Alipay Singapore Holdings Pte. Ltd (an Alibaba Group entity) on the screen based trading platform of the BSE and the NSE. This transaction comprised a sale of about 3 per cent stake in Zomato Limited. Morgan Stanley acted as the Broker to Alipay Singapore.
Mumbai (Maharashtra)/ New Delhi [India], November 25 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Continental Automotive Components (India) Private Limited, a multinational automotive parts manufacturing company, on acquisition of Southgate Tech Park, located at Electronic City, Bangalore.
Mumbai (Maharashtra)/ New Delhi [India], November 22 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Blackstone Group L.P on acquisition of R Systems International Limited (R Systems). R Systems is an Indian listed company with a global presence, engaged in the business of rendering digital and product engineering services.
Mumbai (Maharashtra) [India]/New Delhi [India], September 1 (ANI/BusinessWire India): Bose K. Varghese has joined Cyril Amarchand Mangaldas (cam) as a Senior Director - ESG Practice. He will be spearheading the Firm's ESG practice across offices and will be based at Mumbai. Varghese has over 32 years of experience. Before joining the Firm, he was with Infosys Limited as Head of Green Initiatives from 2015, where he was managing one of the largest corporate sustainability/ESG and climate change programs in the world.
Mumbai (Maharashtra) [India], August 13 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised and assisted Aditya Birla Health Insurance Company Limited (ABHI), and the promoter Aditya Birla Capital Limited on INR 665 crore fundraise from Abu Dhabi Investment Authority (ADIA), one of the major sovereign wealth funds in the world. ABHI is a joint venture between Aditya Birla Group and South Africa-based Momentum Metropolitan Holdings.
Mumbai (Maharashtra)/New Delhi [India] July 20 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised and assisted Max Estates Limited (Max Estates) on its 100 per cent acquisition of Accord Hotels and Resorts Private Limited (Accord Hotels) which owns the land admeasuring 10 acres (approximately 40468.36 sq. meters) situated at Sector 128, Noida (Land) by way of share purchase. Max Estates is the real estate development arm of the Max Group and Accord Hotels holds title to the prominently located land and this transaction marks the entry of Max Estates in the residential sector.
Mumbai (Maharashtra) [India], May 20 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Plus Health Tech Ventures (Ayu Health) and Vertex Ventures (an existing investor in Ayu Health), in relation to the Series B round of funding of Ayu Health.
Mumbai (Maharashtra) [India], May 16 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Parry Chemicals Limited (Parry Chemicals), a wholly owned subsidiary of Coromandel International Limited (Coromandel) on its acquisition of 45 per cent equity stake of Baobab Mining and Chemicals Corporation (BMCC) from Baobab Fertilizer Africa (BFA), an existing shareholder of BMCC, for a consideration of INR 225 crores. The Government of Senegal will also hold a 10 per cent equity stake in BMCC. PCL's acquisition is subject to the completion of the agreed conditions precedent including receipt of approval from the Government of Senegal.
Mumbai (Maharashtra) [India], December 24 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as legal counsel to Marsh International Holdings, Inc. (Marsh International) on purchase of 43.01 per cent of the shareholding of Marsh India Insurance Brokers Private Limited (Marsh India Insurance Brokers). As a result, Marsh International now holds approximately 92 per cent of the paid-up share capital of Marsh India Insurance Brokers.