Cyril Amarchand Mangaldas has advised Adani Group's Dubai-based firm Renew Exim DMCC on its acquisition of a 46.64 percent stake in ITD Cementation India for around $380 million from Italian-Thai Development Public Company, who was represented by Khaitan & Co.

Cyril Amarchand Mangaldas is advising the Adani-held Ambuja Cement on its acquisition of 46.8 percent controlling stake in Orient Cement (OCL) for approximately $451 million. Khaitan & Co is representing OCL on the deal.

Cyril Amarchand Mangaldas has advised its longstanding client Adani on the 83.73-billion- rupee ($1 billion) fundraise by Adani Energy Solutions through a qualified institutional placement (QIP). Trilegal and Latham & Watkins advised the book running lead managers (BRLM) to the deal.

Cyril Amarchand Mangaldas has advised Adani Group’s Ambuja Cement on its acquisition of a majority stake in cement manufacturer Sanghi Industries, which was counselled by Khaitan & Co.

India's Adani Group on Friday contested claims by New Delhi Television that regulatory curbs restricted its founders from selling their stake, prolonging the battle for control of a news network seen as bastion of independent media.

​​​​​​​Cyril Amarchand Mangaldas has advised Indian conglomerate Adani Group on its $10.5 billion purchase of the Indian cement businesses of Switzerland’s Holcim, which has been advised by AZB & Partners.

Indian multinational conglomerate Adani Group has tapped PM Devaiah to be its new general counsel. Devaiah joins from Everstone Group, which has hired Pratibha Jain, a former partner at Nishith Desai Associates (NDA), to replace him.