Corporate Advisory
Lex Consult acts on $35.9m Aarti Industries internal restructuring
Aarti Industries Limited has proposed restructuring of its manufacturing and trading business by way of a composite scheme of arrangement. As part of the restructuring exercise, Aarti Industries Limited will transfer by its ‘Home and Personal Care Undertaking’ to a newly formed entity whose shares w...
Khaitan acts Reliance Jio Infocomm / Fibre restructuring
Reliance Jio Infocomm Limited has proposed restructuring / reorganising the business of Reliance Jio Infocomm Limited through a composite scheme of arrangement amongst Reliance Jio Infocomm Limited and Jio Digital Fibre Private Limited and Reliance Jio Infratel Private Limited and their respective s...
CAM acts for Intercontinental Hotels to ink Amaravati Indrovel management agreement
“INTERCONTINENTAL HOTELS Group (IHG) has signed a management agreement with Indroyal Hospitality Services Pvt Ltd for Crowne Plaza Amaravati. The 300 rooms hotel will be the first IHG hotel in the city and is expected to be operational by 2024,” reported Businessworld . Cyril Amarchand Mangaldas adv...
CAM acts on $595m ABB India NCLT scheme of arrangement demerger
Scheme of arrangement among ABB India Limited, ABB Power Products and Systems India Limited (a wholly owned subsidiary of ABB India) (APPSIL) and their respective shareholders and creditors for the demerger of ABB India’s power grids business to APPSIL. Post sanction of the scheme of arrangement by ...
Cyril advises Tata Trust on 3-year deal for cancer care treatment systems from Varian
“Varian and Tata Trusts Sign Framework Agreement for Advanced Cancer Care Solutions to Address Growing Need in India” reported Varian about the “three-year agreement is focused on world-class cancer care delivery through the installation of radiation therapy treatment systems across India where Vari...
SAM's Deepto Roy scores Uber mandate opposite AZB for Tata JV
Taxi aggregator Uber started a joint venture with Tata Motors, which envisages Uber drivers buying Tata cars financed via Tata Capital Financial Services and Tata Motors Finance loans with insurance from Tata.
Alba acts for original Keventers milkshake brand owners on opening first original, not fake, Delhi outlets
Alba Law Offices advised Supermilk Products – the owner of the Keventers brand of milkshakes – on its structuring, company formation and documentation for the opening up of its franchise outlets in Delhi. Alba founder Mitali Yadav with senior associate Abhimanyu Singh acted for Supermilk. The Kevent...