PRESS RELEASE: Shardul Amarchand Mangaldas & Co. Advises Anzen India Energy Yield Plus Trust on INR 6,964.5 Million Preferential Issue

Shardul Amarchand Mangaldas & Co. acted as legal counsel to Anzen India Energy Yield Plus Trust, acting through its Investment Manager EAAA Real Assets Managers Limited, in connection with a preferential issue of units aggregating up to INR 6,964.5 million (approximately US$75.7 million) to select investors on a preferential basis.

The transaction involved the issuance of up to 5,95,25,000 units by Anzen India Energy Yield Plus Trust (represented by its trustee Axis Trustee Services Limited) for an aggregate consideration of up to INR 6,964.5 million. The preferential issue forms part of Anzen’s capital raising initiatives for its portfolio of transmission and solar assets and will support the continued growth and development of its infrastructure platform in the renewable energy sector.

The SAM transaction team was led by Nikhil Naredi, Partner, and Rohit Tiwari, Partner, with support from Saloni Tyagi, Principal Associate; Harini Jambunathan, Senior Associate; and Pritha Bhangale, Associate.

About Shardul Amarchand Mangaldas & Co:

Shardul Amarchand Mangaldas & Co. (SAM), founded on a century of legal achievements, is one of India’s leading full-service law firms with the ISO/IEC 27001:2022 certification - the latest global benchmark for Information Security Management Systems. The Firm’s mission is to enable business by providing solutions as trusted advisers through excellence, responsiveness, innovation, and collaboration. SAM is known globally for its exceptional practices in mergers & acquisitions, private equity, competition law, insolvency & restructuring, dispute resolution, international commercial arbitration, capital markets, banking & finance, tax, intellectual property, data protection and data privacy, white collar crime, technology law and infrastructure, energy and project finance.

With the full suite of Harvey AI functionalities, the Firm has a pan-India presence and has been at the helm of major headline transactions and litigations in all sectors, besides advising major multinational corporates on their entry into the Indian market and their business strategy. Currently, the Firm has over 950 lawyers including 184 Partners, offering legal services through its offices in New Delhi, Mumbai, Gurugram, Ahmedabad, Kolkata, Bengaluru, and Chennai.