Cyril Amarchand Mangaldas Advised Elevation Capital V Limited and Affiliates on Sale of Equity Shares of One97 Communications
The leading Indian law firm, Cyril Amarchand Mangaldas advised Elevation Capital V Limited and its affiliates (collectively, the “Sellers”) with respect to the sale of equity shares of One97 Communications Limited (the “Sale”). The Sale was undertaken by the Sellers on the screen-based trading platform of the NSE and BSE on May 22, 2026, for an aggregate consideration of approximately Rs. 9,636.00 million.
The Cyril Amarchand Mangaldas transaction was led by Ravi Dubey, Partner (Regional Co-Head – Capital Markets – West), with support from Adwait Deshmukh, Senior Associate, and Khushi Parekh, Associate.
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