Cyril Amarchand Mangaldas advises Groww on acquisition of Indiabulls Mutual Fund ANI | Updated: May 12, 2021 13:27 IST
New Delhi/ Mumbai (Maharashtra) [India], May 12 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Nextbillion Technology Private Limited (Groww Group), India s leading investment tech-platform, on its acquisition of Indiabulls Asset Management Company Limited and Indiabulls Trustee Company Limited, the asset management company and trustee company, respectively, of Indiabulls Mutual Fund, from its sponsor, Indiabulls Housing Finance Limited, subject to necessary approvals.
This is the first transaction in India under SEBI s new sponsor eligibility criteria for mutual funds.
Cyril Amarchand Mangaldas advised Groww and the transaction and regulatory team was led by Anu Tiwari, Partner; with support from Anindita Bhowmik, Partner; Sushim Aryan, Senior Associate; and Aditya Sarkar, Associate.
Mumbai (Maharashtra)/ Ahmedabad (Gujarat) [India], May 3 (ANI/NewsVoir): India s leading law firm, Cyril Amarchand Mangaldas (CAM) announced today the opening of its new office in Gujarat International Finance Tec-City (GIFT City), approved by International Financial Services Centre (IFSC) in Gandhinagar, Gujarat.
CAM has already received necessary approvals to open an office from the GIFT City authorities.
GIFT City is fast emerging as a preferred destination for Financial Services and IT/ITes companies for setting up their operations here. With proactive rules, competitive tax regime and a simple legal system, GIFT City would be able to attract foreign investors and substantial offshore business.
Cyril Amarchand Mangaldas announces the opening of its new office in GIFT City in Gandhinagar, Gujarat aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
New Delhi/Mumbai (Maharashtra) [India], April 9 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Nazara Technologies Limited (Nazara/Company) and its promoters, Vikash Mittersain, Nitish Mittersain and Mitter Infotech LLP, on its recently concluded Initial Public Offer (IPO).
As Indian counsel to the Company, we were responsible for drafting the entire document, including depicting Nazara s complex business model across various business verticals and the analysis of its financial performance. Nazara s business covers almost all facets of online mobile-based interactive gaming, eSports and gamified early learning ecosystems.
The IPO of Nazara Technologies is the first ever listing by an online gaming company in India and was highly successful, witnessing strong demand across all categories of investors. The Capital Markets team of Cyril Amarchand Mangaldas advised Nazara Technologies and its Promoters on the Transaction.
Cyril Amarchand Mangaldas advises Nazara Technologies and its promoters on the first online gaming company IPO in India aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.