Cyril Amarchand Mangaldas advised Hexa Climate on a novel afforestation project in West Bengal's Purulia district, partnering with RPG Group's Asvata. The initiative aims to convert fallow land into a thriving forest, initially planting 500,000 trees with potential for 1.5 million. The project will harness carbon credits through VERRA, utilizing VM 0047 methodology and drone monitoring.
Cyril Amarchand Mangaldas advised GMR Nagpur International Airport Limited on a ₹2607 cr rupee term loan facility from Tata Capital. This financing will partially fund the ₹3725 cr project cost for upgrading and developing Dr. Babasaheb Ambedkar International Airport in Nagpur. The project includes civil, mechanical, and electrical works, along with terminal and cargo facility enhancements.
Cyril Amarchand Mangaldas (CAM) advised the Prestige Group on their new township project, 'The Prestige City – Indirapuram,' in the NCR region. CAM's work included advising on the project's structure, conducting title investigation for 62.5 acres of land, and drafting transaction documents.
Cyril Amarchand Mangaldas advised GPS Renewables on Sojitz Corporation's investment in GPSR Arya One Private Limited, a special purpose vehicle under GPSR Arya Private Limited. The transaction, signed on April 29, 2025, involved Alok Sonkar leading the CAM team, with support from various directors and associates on corporate, competition law, and infrastructure aspects.
Kokuyo Co. Ltd. (Japan) has finalized its acquisition of HNI Office India Limited, a subsidiary of HNI Corporation (US). Cyril Amarchand Mangaldas (CAM) served as the legal advisor to Kokuyo, overseeing the acquisition from an Indian legal perspective. CAM handled legal due diligence, documentation, and provided counsel on corporate, finance, employment, real estate, and intellectual property matters.
Adani Data Networks Limited (ADNL) has entered into a spectrum trading agreement with Bharti Airtel Limited and its subsidiary, Bharti Hexacom Limited, to transfer 400 MHz spectrum in the 26GHz band across six telecom circles. Cyril Amarchand Mangaldas (CAM) acted as the Indian law advisor to ADNL on this transaction, which is awaiting approval from the Department of Telecommunication.
Adani Group is partnering with GEMS Education. They plan to launch world-class schools throughout India. The Adani family is donating ₹2,000 cr. This investment aims to make quality education accessible. It will benefit people from all economic backgrounds. The Adani Foundation spearheads this initiative. Cyril Amarchand Mangaldas advised Adani on this collaboration.
Cyril Amarchand Mangaldas served as legal counsel to BofA Securities India. The advisory was for the sale of Tata Technologies Limited shares. TPG Rise Climate SF Pte. Ltd. executed the sale. The transaction occurred on the NSE and BSE floors. Aashima Johur and Amitpal Singh led the Cyril Amarchand Mangaldas team.
Cyril Amarchand Mangaldas advised Adani Ports on its ₹17,244 crore acquisition of Abbot Point Port Holdings from Carmichael Rail and Port Singapore Holdings. The deal involves a share swap, with Adani Ports issuing equity shares via preferential allotment. The transaction, executed on April 17, 2025, is pending regulatory and shareholder approvals.
Cyril Amarchand Mangaldas (CAM) has promoted 18 lawyers to its partnership, effective April 30, 2025, across various practice groups and cities. These promotions reflect the firm's growth and commitment to recognising talent. The new partners bring expertise in areas like dispute resolution, finance, and capital markets.
Cyril Amarchand Mangaldas advised PayU Payments on its strategic stake acquisition in Mindgate Solutions through a secondary purchase. The firm conducted due diligence and handled transaction documents for PayU. The CAM team was led by Ravindra Bandhakavi and Srabanee Ghosh, with support from other associates, while due diligence was led by Srabanee Ghosh and Arun Prabhu.
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