Legal 60

Khaitan & Co advised Temasek Holdings (Private) Limited on follow-on investment in CureFit Healthcare Private Limited The leading law firm in India, Khaitan & Co advised Temasek in its follow-on investment in CureFit Healthcare Private Limited, which operates the health and fitness platform ‘Cult.fit’, ahead of its proposed IPO. Following this investment, Temasek’s shareholding in

Shardul Amarchand Mangaldas & Co advised Indraprastha Gas Limited on 500 MW solar JV with Rajasthan Rajya Vidyut Utpadan Nigam Limited The leading law firm in India, Shardul Amarchand Mangaldas & Co (SAM) advised Indraprastha Gas Limited (IGL) in relation to its joint venture with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) for the development

NCLT Guwahati Orders Suspended Directors of Sree Bajrang Infracon to Cooperate with Liquidator Introduction The National Company Law Tribunal, Guwahati Bench, directed the suspended directors of Sree Bajrang Infracon Pvt. Ltd. to extend full cooperation to the liquidator and hand over all records and assets, holding that continued non-cooperation defeats the time-bound insolvency and liquidation

Trilegal advised the selling shareholders on the proposed IPO of Rentomojo Limited The leading law firm in India, Trilegal advised the selling shareholders, including Accel India IV (Mauritius) Limited, Edelweiss Discovery Fund – Series I, ValueQuest S.C.A.L.E. Fund, Madison India Opportunities V VCC, Chiratae Growth Fund – I, IDG Ventures India Fund III LLC, GMO

Shardul Amarchand Mangaldas advised Alpha Wave Global on USD 1 Billion investment in Nxtra Data Limited The leading law firm in India, Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to Alpha Wave Global in connection with its investment in Nxtra Data Limited, alongside global investors Carlyle and Anchorage Capital, and Bharti Airtel

Shardul Amarchand Mangaldas & Co advised Indraprastha Gas Limited on joint venture with CEID for biofuel projects The leading law firm in India, Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to Indraprastha Gas Limited (IGL) in relation to its joint venture with CEID Consultants & Engineering Private Limited (CEID) for the development

Trilegal advised on the issuance of ZCZPs by SGBS Unnati Foundation on NSE’s Social Stock Exchange The leading law firm in India, Trilegal advised on the public issuance of zero-coupon-zero-principal instruments (ZCZPs) by SGBS Unnati Foundation (Unnati), which were listed on the social stock exchange segment of the National Stock Exchange of India Limited. This

Cyril Amarchand Mangaldas Successfully Represents NARCL in Section 34 Proceedings, Secures Transmission of Court-Deposited Amounts The leading law firm in India, Cyril Amarchand Mangaldas successfully represented National Asset Reconstruction Company Limited (“NARCL”) in complex Section 34 proceedings involving Mumbai Metro One Private Limited (“MMOPL”) and Mumbai Metropolitan Region Development Authority (“MMRDA”). The Firm played a

Cyril Amarchand Mangaldas advised Nxtra Data Limited on USD 1 billion investment round The leading law firm in India, Cyril Amarchand Mangaldas advised Nxtra Data Limited, the data center arm of the Bharti Airtel group, in securing an aggregate investment of USD 1 billion from Alpha Wave Ventures (lead investor), Carlyle Group, Anchorage Capital, and

Trilegal advised Zetwerk Manufacturing Businesses Limited on proposed IPO The leading law firm in India, Trilegal advised Zetwerk Manufacturing Businesses Limited on the proposed initial public offering of its equity shares. The Trilegal Capital Markets team advising on the matter was led by Vijay Parthasarathi (Partner) and Vinay Sirohia (Partner), with support from Harshvardhan Lahiri