Cyril Amarchand Mangaldas has played a pivotal role as legal counsel to Blackstone in securing a minority stake in two special purpose vehicles (SPVs) associated with the Bagmane Group. This notable transaction involves the Bagmane Group, which specializes in the development and management of commercial real estate, primarily in Bangalore, Karnataka.

Advisory Teams Overview

The transaction was supported by various expert teams at Cyril Amarchand Mangaldas, each focusing on different legal aspects:

Acquisition Team

The team advising on the acquisition was led by partners:

• Reeba Chacko
• Kota Chandan
• Krithika Chandrasekaran
• Pooranimaa Hariharan
• Mohit Gogia

Support was provided by:

• Senior Associate: Sanjana Dasgupta
• Associates: Anushka Sharma, Satvik Khatri, Ohmkar Vishal, Nimrah Rasheed, and Prashastha Cormaty

Real Estate Matters

The real estate aspects were overseen by:

• Partner: Abhilash Pillai
• Associates: Pavithra Rao, Shivani Subbaiah, and Akshaya BS

Litigation Matters

Guidance on litigation was provided by:

• Partner: Sharan Kukreja
• Principal Associate: Aashish Dafaria
• Senior Associates: Abhijna Somashekara, Bhairav Charantimath, and Prashasthi Bhat
• Associate: Mehul Mayank

Competition Matters

The competition law segment was managed by:

• Partners: Avaantika Kakkar and Kaustav Kundu
• Associates: Mohini Parghi, Pushkar Singh, and Parth Mishra

General Corporate Matters

Further assistance was offered on general corporate matters by:

• Principal Associate: Aditi Aggarwal
• Associates: Sheetal Kumar and Kamiya Gupta