In a significant transaction on July 24, 2026, Eight Roads Investments Mauritius II Limited divested 41,612,566 equity shares of Shadowfax Technologies Limited. The sale, conducted via the screen-based trading platforms of the NSE and BSE, amounted to an impressive ₹852.55 crore.
The legal intricacies of this substantial share sale were expertly navigated by several prominent law firms. Trilegal, in collaboration with A&O Shearman, provided legal counsel to Eight Roads Investments. Their involvement ensured the transaction proceeded smoothly and in compliance with the requisite legal frameworks.
For Morgan Stanley India Company Private Limited, which acted as the broker for this transaction, Cyril Amarchand Mangaldas offered their legal expertise. The firm’s team was led by Gokul Rajan, Partner and Regional Co-Head of Capital Markets – North. Supporting him were Senior Associate Adwait Deshmukh and Associate Zeb Burk, who contributed their in-depth knowledge to the successful completion of the deal.
Additionally, Linklaters served as the international legal counsel to Morgan Stanley, bringing a global perspective to the transaction and ensuring that all international legal standards were met.
This transaction highlights the collaborative efforts of top legal minds in facilitating complex financial deals, exemplifying the critical role that legal counsel plays in the financial markets.
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