Krishna Institute of Medical Sciences (KIMS) has raised approximately Rs.1,500 crore through a Qualified Institutions Placement (QIP), strengthening its growth and expansion plans. Shardul Amarchand Mangaldas & Co. acted as legal counsel, advising on the successful capital markets transaction.
Shardul Amarchand Mangaldas & Co. advised NextGen Invent Corporation and NGI Ventures on their acquisition by Straive, an EQT portfolio company. The deal strengthens Straive’s Data and AI capabilities while expanding its enterprise AI solutions and global technology services offerings.
Sagus Legal has expanded its presence with the launch of a new office at Cyber Hub, Gurgaon, while strengthening its corporate advisory practice. The firm has also appointed Aashima Shrivastava as Partner and Head of Gurgaon for its Corporate, Commercial and Compliance Practice.
Craftsman Automation Limited raised approximately Rs.2,000 crore through a Qualified Institutions Placement, issuing 22.99 lakh equity shares at Rs.8,700 per share. The QIP opened on June 15, 2026, and successfully concluded on June 18, 2026.
JBM Ecolife Mobility Private Limited has secured a Rs.750 crore hybrid investment from Motilal Oswal Alternates through a combination of structured debt and equity-linked securities. Trilegal acted as legal counsel to JBM Auto Limited in connection with the transaction, supporting the investment and financing arrangement.
Cyril Amarchand Mangaldas acted as legal counsel to Jio Platforms Limited for its proposed initial public offering of equity shares. The company has filed a draft red herring prospectus for an offer of up to 270 million equity shares as part of the proposed IPO.
Shardul Amarchand Mangaldas & Co. advised SolarSquare Energy Private Limited on its USD 53 million (around INR 508 crore) Series C funding round. Led by B Capital, the investment also saw participation from Lightspeed, Lowercarbon Capital, Good Capital, Zerodha, and Better Capital.
M. K. Sons Fine Jewels Limited has proposed an IPO of up to 17 million equity shares, comprising a fresh issue of 13.6 million shares and an offer for sale of 3.4 million shares. Kanga & Co is advising both the company and lead manager Aryaman Financial Services on the transaction.
Representing JSW Energy and JSW Steel, Cyril Amarchand Mangaldas secured a significant Karnataka High Court ruling quashing KERC’s captive status verification procedure. The judgment provides major relief to captive power users and reinforces the regulatory framework governing captive power projects.
Khaitan & Co advised Peak XV Partners and Sofina on their investment in FirstClub’s Series B funding round, alongside Accel, RTP Global and Paramark Ventures. FirstClub operates across wholesale trading, logistics, warehousing, last-mile delivery, IT support and related business services.
