Cyril Amarchand Mangaldas advises Kliff Ventures on its investment in Brewbay Innovations
Brewbay Innovations Private Limited operates quick service restaurants under the brand name ‘abCoffee’.
Brewbay Innovations Private Limited operates quick service restaurants under the brand name ‘abCoffee’.
This was the first notification before the CCI where the regulator assessed the cash replenishment services market within the broader ATM services sector.
The IPO is the largest public offering in India in 2026 to date and marks a significant milestone for the Indian capital markets. The equity shares were listed on the stock exchanges on 21 July 2026.
The aggregate proceeds to Amundi and SBI were INR 116.75 billion (approx. US$ 1.21 billion), with INR 97.95 billion (approx. US$ 1.02 billion) raised in the IPO and INR 18.80 billion (approx. US$ 195.25 million) in the pre-IPO secondary sales.
The financing is undertaken to part fund the development of Khaba Renewable Energy’s 250 MW solar power project in Rajasthan and to partially refinance an existing bridge facility availed by the company.
The transaction results in a full exit for the Company’s existing shareholders, True North and Temasek, Reeba Chacko, Senior Partner; provided strategic guidance.
The issue was priced at a 2.76% premium to the floor price determined in accordance with applicable law and saw participation from marquee institutional investors, including ADIA and affiliates of mutual funds and insurance companies such as ICICI Prudential Life Insurance, HDFC Life Insurance, LIC Mutual Fund, Aditya Birla Sun Life Mutual Fund, Axis Mutual Fund and HSBC Mutual Fund, among others.
CAM acted as legal advisor for Dixon. Its role included undertaking legal due diligence on VMI, advising on structuring of the transaction, and review and negotiation of transaction documents (including joint venture agreement, shareholders agreement and asset purchase agreement).
S&R Associates has announced the appointment of Reuben Chacko as a Partner in its Bengaluru office, along with the induction of Rushab Dhandokia and Aniran Ghoshal as Retained Partners in its Mumbai office, further strengthening the firm’s capital markets practice.
Mr. Kapur has been consistently recognised as a leading Projects, Infrastructure & Energy lawyer in India and is ranked in the top tier by several independent surveys and legal directories.
Neytra and Saurav are part of the firm’s Corporate & Commercial and Capital Markets & Securities Law practice groups.
Basava Rao and Shabbeer Ahmed have joined as Partners in the Corporate and Dispute Resolution practice respectively, along with Vasavi Kaparthi and Aneesh Vempati coming in as Counsel in the Real Estate and Dispute Resolution practices.
CAM had also advised on the previous qualified institutional placement undertaken by Adani Enterprises Limited in October 2024.
BPCL will subscribe to shares of the JV Co and will hold a 40% stake on completion of the transaction.
The proceeds of the QIP are proposed to be utilized towards re-payment and /or prepayment of certain outstanding borrowings of the Company and certain of its subsidiaries, and general corporate purposes.
CAM advised Adani Ports and Special Economic Zone Ltd. on the strategic investment by Mundi Ltd., a subsidiary of Terminal Investment Ltd., in a significant infrastructure transaction.
The joint venture combines MEIL’s expertise in large-scale infrastructure execution with Analog’s intelligent sensing and infrastructure optimisation capabilities.
The judgment reinforces that Government procurers must adhere strictly to prescribed contractual remedies and procedural safeguards before imposing commercially significant consequences such as debarment or risk-purchase liability on suppliers.
The proceeds of the QIP are proposed to be utilized towards re-payment and /or prepayment of certain outstanding borrowings of the Company and certain of its subsidiaries, and general corporate purposes.
The Centre for Innovation, Incubation and Legal Entrepreneurship (CIILE) and the Startup Cell at Chanakya National Law University (CNLU), Patna, are pleased to announce CATALYST 3.0 — the third edition of the flagship Startup Law and Policy Summit, scheduled for 22 August 2026 on the CNLU Campus.