Cyril Amarchand Mangaldas advises abrdn group on sale of 1 66 per cent stake in HDFC Life via block transactions aggregating Rs 2047 crore approx webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.
Cyril Amarchand Mangaldas advised Deakin University, Australia (Deakin University), in setting up of its International Branch Campus. This would be the first international campus of Deakin University. It is also a major landmark for the GIFT City, as it marks the entry of the first International University to enter India.
Mumbai (Maharashtra)/ New Delhi [India], October 7 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised abrdn (Mauritius Holdings) 2006 Limited (abrdn) in relation to the secondary trade by abrdn in HDFC Life Insurance Company Limited (HDFC Life). abrdn is one of the promoters of the HDFC Life and has undertaken multiple share sale after the IPO of the Company. The Capital Markets Practice of Cyril Amarchand Mangaldas advised abrdn Group on the transaction documents. The transaction team was led by Abhinav Kumar, Partner. Tax advisory was provided by SR Patnaik, Partner & Head - Taxation; Kunal Savani, Partner; with assistance from Bipluv Jhingan, Principal Associate. As a part of the transaction, abrdn undertook the sale by way of share sale on the screen-based trading of BSE Limited for an aggregate consideration of Rs 2,434 crores (approx.). The transaction involved a sale of 43,000,000 equity shares of the face value of Rs. 10 each of HDFC Life, representing 2.00 per cen
Mumbai (Maharashtra)/ New Delhi [India], September 26 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Abrdn Investment Management Limited, a subsidiary of Abrdn Plc (formerly known as Standard Life Aberdeen Plc), in relation to the block trade by Abrdn Plc in HDFC Asset Management Company Limited (HDFC AMC)