Manan Lahoty Joins Cyril Amarchand Mangaldas As Partner & Head of Capital Markets Practice

Manan Lahoty will be joining Cyril Amarchand Mangaldas as a Partner and Head of Capital Markets practice, along with a 48 member team of 8 partners and 40 associates. 

Manan is well-respected for his legal expertise and has advised on some of the largest and prestigious Indian transactions in the domestic and international capital markets. He is qualified to practice in both England and Wales, and India. He has been consistently recognised as a leading capital markets lawyer in India and included in the top tier lawyers list by several independent surveys and directories.

The Partners joining along with him in various locations are:

1. Abhiroop Lahiri (Delhi – NCR)

2. Abhyuday Bhotika (Bengaluru)

3. Anshul Roy (Mumbai) 

4. Manshoor Nazki (Bengaluru)

5. Priyadarshini Rao (Mumbai)

6. Puneet Passi (Delhi-NCR)

7. Ravi Dubey (Mumbai) 

8. Vishal Yaduvanshi (Delhi-NCR)

The team brings in a diverse range of experience, clients and are well recognised in their area of practice.

Yash J. Ashar, who has recently been promoted to a cohort of Senior Partners at the firm with effect from April 1, 2024 will continue to be an integral and core part of the capital markets partners bench of CAM. He will also be member of the firms Partnership Council (managing committee), handling client matters and managing key relationships of the firm within capital markets, besides supporting Manan initially with the transition.

On these additions, Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said “We are excited about the significant growth and undisputed market leadership that our Capital Markets practice will assume with this development. Capital Markets, one of the four major practices of the firm will be a significant practice of scale. I am confident that the Capital Markets’ leadership team will take this practice to new heights.”

Yash J. Ashar, Senior Partner and Member of Partnership Council, Cyril Amarchand Mangaldas added, “Cyril Amarchand Mangaldas has been a market leader in capital markets for decades. We look forward to welcoming Manan and his team.  I look forward to working with Manan and all our partners and associates and taking this practice to even greater heights.” 

Welcoming the team Reeba Chacko, Senior Partner and Member of Partnership Council, Cyril Amarchand Mangaldas said, “A hearty welcome to Manan and team to the Firm to build out a single integrated capital markets practice enabling us to further consolidate our position of market leadership. We are excited about the opportunity this presents us in the coming times in the booming securities markets in the country.”

On his joining Manan Lahoty presumptive Head of the Capital Markets practice at Cyril Amarchand Mangaldas said,“Coming together of top two teams on such a massive scale is unprecedented. I believe this will have a striking impact on the Indian capital markets fraternity - clients as well as lawyers. For our clients, the combined scale will offer an unmatched quality and availability – key ingredients for large and complex deals. For our lawyers, this scale will offer unparalleled reputation and respect, and solid management and governance. Above all else, I am delighted to be a part of the CAM brand, and grateful to have been given an opportunity to extend my ethics, values and management style onto a larger team of lawyers.”

With this significant addition, CAM’s single integrated capital markets practice would collectively comprise of over 130 lawyers across levels including 16 partners and growing. 

In May 2024, 7 of the equity partners of over 23 years of practice including Yash Ashar (others being L. Viswanathan, Reeba Chacko, Nivedita Rao, Santosh Janakiram, Akila Agrawal and Ravindra Bandhakavi) were designated as part of a cohort of Senior Partners of the Firm who would play a broader role beyond their existing practice areas. While they continue to be execution partners in their practices and relationship managers for their respective clients, the newly minted Senior Partners would also have a firm level role cutting across practices and locations. Yash, along with Nivedita Rao and Santosh Janakiram were also inducted into the Firm's governing body viz the Partnership Council (the managing committee), joining Managing Partner Cyril Shroff, and Partners Vandana Shroff, L. Viswanathan, Reeba Chacko, Rishabh Shroff and Paridhi Adani.