Cyril Amarchand Mangaldas acted as the Indian legal counsel to J.P. Morgan India Private Limited (JP Morgan India), the sole broker in relation to bulk sale of approximately 37.6 million shares of Crompton Greaves Consumer Electricals, held by MacRitchie Investments Pte. Ltd., a promoter entity and indirect wholly owned subsidiary of Temasek Holdings (Private) Limited.
The Capital Markets Practice of Cyril Amarchand Mangaldas advised JP Morgan India on the transaction. The transaction team was led by Abhinav Kumar, Partner; with support from Anuj Pethia, Consultant.
The transaction was signed on August 05, 2022; and closed on August 10, 2022.
About Cyril Amarchand Mangaldas
Cyril Amarchand Mangaldas (cam) is India’s leading law firm with a global reputation of being trusted advisers to its clients. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity and venture capital funds, start-ups, government and regulatory bodies. The Firm generalists, specialists and senior ex-regulators expertly guide clients across a spectrum of transactions, sectors and regulations. With 1000 lawyers and 160 Partners, the Firm is the largest full-service law firm in India and offices in key business centres at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City and also in Singapore.
The Firm recently received “Innovation in Advancing Markets” award at the FT Innovative Lawyers Asia Pacific 2022 Awards and the “National Law Firm of the Year: India” award at the IFLR Asia Pacific 2022 awards ceremony. The Firm had won “India Deal Firm of the Year” at the ALB India Awards and “Firm of the Year” at the IFLR1000 India Awards in 2021.
