AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
The transaction team was led by Ruetveij Pandya and Jeeta Nayak, Partners; with support from Abhilasha Malpani, Principal Associate, and Vishvas Bharadwaj, Associate.
The Financing advisory team was led by Atman Desai and Mudit Shah, Partners.
The Competition Law advisory team was led by Avaantika Kakkar (Head Competition Law), Kirthi Srinivas, and Vijay Pratap Singh Chauhan, Partners.
The Competition Law advisory team was led by Avaantika Kakkar (Head Competition Law), Kirthi Srinivas, and Vijay Pratap Singh Chauhan, Partners.
As a part of the transaction, Ambuja Cement (which is part of Adani Group) will buy up to 56.74 per cent stake in Sanghi Industries Ltd (SIL) from its existing promoter group - Ravi Sanghi & family.
The Transaction was signed on 3rd August, 2023.
About Cyril Amarchand Mangaldas
Cyril Amarchand Mangaldas (CAM) is India’s leading law firm with a global reputation of being trusted advisers to its clients. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity and venture capital funds, start-ups, government and regulatory bodies. The Firm's generalists, specialists and senior ex-regulators expertly guide clients across a spectrum of transactions, sectors and regulations. With 1000 lawyers and 170 Partners, the Firm is the largest full-service law firm in India and offices in key business centres at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City and also in Singapore.
The Firm recently received “Innovation in Advancing Markets” award at the FT Innovative Lawyers Asia Pacific 2022 Awards and the “National Law Firm of the Year: India” award at the IFLR Asia Pacific 2022 awards ceremony. The Firm had won “India Deal Firm of the Year” at the ALB India Awards and “Firm of the Year” at the IFLR1000 India Awards in 2021.