Cyril Amarchand Mangaldas Acts As Legal Counsel For Goldman Sachs On Pepperfry Transaction

Cyril Amarchand Mangaldas acts as legal counsel for Goldman Sachs on Pepperfry transaction

The leading global law firm, Cyril Amarchand Mangaldas acted as legal counsel to Goldman Sachs, an existing shareholder in Pepperfry Limited, in connection with the acquisition of a significant majority stake in Pepperfry by TCC Concept Limited (“TCC”), structured via the issuance of TCC shares to the existing Pepperfry shareholders.

The transaction involved careful structuring to address the regulatory and compliance complexities arising from TCC being a listed company. The firm also provided advice on competition law aspects under the Competition Commission of India (CCI).

The Cyril Amarchand Mangaldas team advising Goldman Sachs was led by Ravindra Bandhakavi (Senior Partner) and Srabanee Ghosh (Partner), with support from Akshat Parmar (Principal Associate), Shreya Shenolikar (Senior Associate), and Raghuvansh Seth, Bharti Singh, and Rhea Prasad (Associates).

Key strategic inputs on deal structure were provided by Anand Jayachandran (Partner) and Ranganayakulu Jagarlamudi (Consultant – Regulatory Affairs), while Dhruv Rajain (Partner) and Rajat Sharma (Senior Associate) advised on CCI-related matters.

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