Cyril Amarchand Mangaldas Advises Aditya Birla Capital

The Capital Markets team of Cyril Amarchand Mangaldas advised on the matter. The transaction team was led by Yash Ashar, Partner & Head Capital Markets and Abhinav Kumar, Partner & Regional Head Markets Practice (Western Region); with support from Shubham Sancheti, Senior Associate; & Indira Satish, Associate

Cyril Amarchand Mangaldas (CAM) advised Aditya Birla Capital Limited on the offer for sale of equity shares of face value ₹5 each (“Equity Shares”) of Aditya Birla Sun Life AMC Limited (the “Company”), through a separate designated window of the Stock Exchanges (“Offer”). The Offer comprised of an offer for sale by the promoters of the Company, namely, Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. (the “Promoters”). BofA Securities India Limited, IIFL Securities Limited, Jefferies India Private Limited, and Spark Institutional Equities Private Limited (a subsidiary of Avendus Capital Private Limited), acted as the brokers to the Offer.

The Promoters have collectively sold 3,21,46,438 Equity Shares representing 11.16% of the total issued and paid-up Equity Share capital of the Company.

 

The Capital Markets team of Cyril Amarchand Mangaldas advised on the matter. The transaction team was led by Yash Ashar, Partner & Head Capital Markets and Abhinav Kumar, Partner & Regional Head Markets Practice (Western Region); with support from Shubham Sancheti, Senior Associate; & Indira Satish, Associate.

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