Mumbai (Maharashtra) [India], June 2 (ANI/NewsVoir): In its move to strengthen its Financial Institutions Group (FIG) and regulatory bench Cyril Amarchand Mangaldas (CAM) announced joining of three former senior regulators, Lily Vadera, Former Executive Director, Reserve Bank of India (RBI), P. K. Nagpal, Former Executive Director, Securities and Exchange Board of India (SEBI) and Nilesh Sathe, Former Whole Time Member of the Insurance Regulatory and Development Authority of India (IRDAI) as Senior Advisors.
Mumbai (Maharashtra) [India], May 31 (ANI/NewsVoir): Cyril Amarchand Mangaldas (CAM) announced the appointment of Ketaki Gor Mehta as a Partner in its GIFT City, Gandhinagar office and she will be based in the GIFT City office.
Cyril Amarchand Mangaldas (CAM) announced the appointment of Ketaki Gor Mehta as a Partner in its GIFT City, Gandhinagar office and she will be based in the GIF
New Delhi/ Mumbai (Maharashtra) [India], May14 (NewsVoir): Cyril Amarchand Mangaldas advised Zydus Cadila on sale of its India-focussed animal healthcare business to Zenex Animal Health India Private Limited (Zenex), which is a special purpose vehicle set up by Multiples led consortium of investors, for INR 2921 crores (~US USD 398 million) on a cash-free debt-free basis.
As part of the Transaction, Cadila Healthcare Limited s animal healthcare business subsidiary Zydus Animal Health and Investments Limited has entered into a Business Transfer Agreement, dated May 12, 2021, with Zenex for sale of its Animal Healthcare Established Markets Undertaking to Zenex, as a going concern, on slum sale basis.
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.