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Cyril Amarchand Mangaldas, Trilegal and Latham & Watkins acts on Adani Enterprises QIP

The QIP is valued at ₹4,200 crore.

Bar & Bench

Adani Enterprises Limited has made an issuance of equity share capital aggregating up to ₹4,200 crore by way of a qualified institutions placement

Cyril Amarchand Mangaldas advised Adani Enterprises on this QIP.

The transaction team was led by Yash J. Ashar, Senior Partner; Devaki Mankad, Partner; with support from Jhalak Shah, Senior Associate; Adwait Deshmukh, Senior Associate; Raksha Raina, Associate; Arikta Shetty, Associate; and Devansh Raheja, Associate.

Yash J Ashar, Devaki Mankad

Trilegal advised the bankers in this transaction SBI Capital Markets Limited, Jefferies India Private Limited, and ICICI Securities Limited. Team was led by Capital Markets Partner, Richa Choudhary and comprised Avanti Kale and Maitreya Rajurkar, Counsels; Sanya Chaudhari, Senior Associate; Pooja Tada and Archit Jain, Associates.

The Latham team was led by Singapore partner Rajiv Gupta, with Singapore associate Esha Goel, Hong Kong associate Jay Watanatornpitak, and Foreign Legal Consultant Wang Zhang. Advice was also provided on tax matters by Chicago partner Enrique Rene de Vera, with London associate Fangyuan (Farrah) Yan.

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