Cyril Amarchand Mangaldas

India

IFLR1000 Reviews

Financial and corporate

Founded in 2015, Cyril Amarchand Mangaldas is a preeminent law firm in the Indian legal market. With a team of over 1,000 lawyers, the firm operates from six pan-India offices including a key location in IFSC GIFT City and maintains international offices in Singapore and Abu Dhabi.

The firm advises a broad client base, including domestic and international corporations, financial institutions, private equity and venture capital funds, start-ups, and government bodies. Its strength lies in deploying an integrated team of generalists, specialists, and former senior regulators to provide comprehensive guidance across the most complex transactions and regulatory landscapes. 

 

Highlights  

In a landmark capital markets mandate, the firm advised the underwriters on the IPO of Sagility India. The transaction was notable for its complexities, which included navigating Securities and Exchange Board of India (SEBI) queries regarding the company’s limited track record due to recent restructuring and addressing compliance matters concerning director independence. Notably, it was one of the first IPOs to voluntarily create a detailed audio-visual presentation for investors, setting a new benchmark in public offer communication and requiring extensive coordination with regulators and lead managers. 

In a separate, significant transaction for the energy sector, the firm advised Green Growth Equity Fund (GGEF) on its exit from Ayana Renewable Power, one of India's leading renewable energy platforms. The sale of a 100% stake to a joint venture of ONGC and NTPC represents one of the largest-ever acquisitions in India's renewable energy sector.  

 

Key clients  

State Bank of India, Adani Group, Jio Financial Services, Amazon, Abu Dhabi Investment Authority, Bain CapitalCG Power and Industrial SolutionsSumitomo Mitsui Banking CorporationSustainable Energy Infra Trust 

 

Testimonials    

“Proactive natureSolution oriented approachSubject matter expertise. (M&A) 

“The team has great insights on the industry, innovative solutions to problems.” (M&A) 

They are up to date on the subject, has wide cross sector knowledge and experience, has the right contacts and network to get to know the practical aspects and workability of their suggestions.” (Restructuring and insolvency) 

Aditi Misra 

Detail-oriented and extremely reliable.”