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Cyril Amarchand Mangaldas Cyril Amarchand Mangaldas advises ReNew Power, and its founder Sumant Sinha, on NASDAQ listing through business combination with RMG Acquisition Corporation ANI | Updated: Feb 25, 2021 19:13 IST Mumbai (Maharashtra)/Delhi, [India], February 25 (ANI/NewsVoir): Separate teams of Cyril Amarchand Mangaldas advised ReNew Power Limited (ReNew Power), and Sumant Sinha (Founder of ReNew Power), in relation to ReNew Power entering into a definitive business combination agreement ( BCA ) with Blank Check company RMG Acquisition Corporation II (RMG II) Pursuant to the BCA, non-resident shareholders of ReNew Power will acquire shares of ReNew Energy Global PLC, a UK entity, in exchange for their shares in ReNew Power, along with a merger of RMG II with ReNew Energy Global PLC and a PIPE investment of over USD 855 million in the combined entity.

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