Department profile
Shardul Amarchand Mangaldas & Co

Corporate/M&A: The Elite

Asia-Pacific Guide 2026 : India


Shardul Amarchand Mangaldas & Co

Rankings

About

Provided by Shardul Amarchand Mangaldas & Co

Shardul Amarchand Mangaldas has one of India's pre-eminent M&A practices, bringing a combination of strengths that few firms in the Indian market can match. The firm's heritage underpins a culture of excellence, responsiveness, innovation, and collaboration that runs through every M&A engagement. The team delivers commercially oriented, bespoke advice across the full transaction lifecycle, seamlessly integrating capabilities in competition law, tax, employment, IP, litigation, and capital markets to provide end-to-end solutions.

The firm advises clients ranging from large corporations and financial sponsors to private equity firms and governmental bodies. Core specialisations include cross-border acquisitions and divestments, private equity buy-outs and exits, public M&A, merger control, joint ventures, corporate restructurings, and insolvency-related acquisitions.

Landmark mandates include advising Reliance Industries on its USD 8.5 billion strategic JV with Disney, Facebook on its USD 5.7 billion investment in Jio Platforms, the largest FDI in India's technology sector, and Walmart on its USD 16 billion acquisition of Flipkart.

With over 950 lawyers across seven offices, the firm offers unmatched pan-India coverage and the ability to mobilise large, multi-disciplinary teams at speed for the most complex and time-sensitive mandates, advising both inbound and outbound investors in one of the world's most dynamic deal-making environments.

Industries (26)

  • Media & Entertainment
  • Technology & Digital Platforms
  • Pharmaceuticals & Healthcare
  • Lifesciences
  • Banking & Financial Services
  • Steel & Metals
  • Real Estate
  • Oil & Gas
  • Retail & Consumer
  • Telecommunications
  • Insurance
  • Hospitality & Hotels
  • Infrastructure
  • Automotive
  • Renewable Energy
  • Chemicals & Paints
  • Aviation
  • Transport
  • Education
  • Food & Beverage
  • Information Technology
  • Manufacturing
  • Fintech & Payments
  • E-Commerce & Logistics
  • Cement & Fertilisers
  • Textiles

Chambers Review

Provided by Chambers

Corporate/M&A: The Elite - India

Band 1

Band 1


What the Team is Known For

Shardul Amarchand Mangaldas & Co is a top-notch law firm in India, respected for its strength in advising big-name clients on national and international M&A transactions, amalgamations, restructurings andr joint ventures. The firm has substantive experience administering operations relating to the procurement of majority and controlling stakes in companies. It also has an excellent reputation for providing counsel on both private and public M&A, demergers, delistings, and asset transfers. The team draws on the expertise of its other practices to overcome complex transaction related regulatory issues and has significant experience assisting with prominent M&A in the TMT, infrastructure, healthcare, consumer and banking sectors, amongst others. The firm leverages its membership of the Lex Mundi network to serve clients throughout the globe. Shardul Amarchand Mangaldas has lawyers across India, including in Chennai, Bengaluru, New Delhi and Mumbai.

Work Highlights

Provided by Chambers

  • Shardul Amarchand Mangaldas acted for Reliance Industries on its strategic joint venture with Disney, combining Viacom18 and Star India.

Strengths

Provided by Chambers

  • Having worked with other firms, I think what makes SAM stand out is the personal relations they have developed with clients is sometimes really helpful.

    Corporate/M&A: The Elite respondentAsia-Pacific
  • SAM concentrate on fewer clients and doing deeper work with them, so they are able to give more attention.

    Corporate/M&A: The Elite respondentAsia-Pacific

Notable Practitioners

Provided by Chambers

  • Eminent PractitionersAkshay Chudasama
    Eminent PractitionersAkshay Chudasama

    Akshay Chudasama

    Akshay Chudasama has a reputation as one of the top corporate lawyers in India. Based in Mumbai, he is the managing partner of SAM and has a history of representing domestic and international clients in high-end M&A deals. He is especially noted for his focus on the real estate sector.
  • Eminent PractitionersShardul S Shroff
    Eminent PractitionersShardul S Shroff

    Shardul S Shroff

    Shardul Shroff in New Delhi is the executive chairman at Shardul Amarchand Mangaldas. He has a long history of overseeing substantial acquisitions, strategic partnerships and takeovers, regularly representing leading Indian conglomerates.
  • Band 1Raghubir Menon
    Band 1Raghubir Menon

    Raghubir Menon

    Raghubir Menon is a highly popular and well-respected M&A lawyer in Mumbai. He is consistently involved in acquisitions and investments of considerable size and significance.
    • Raghubir is best-in-class in India when it comes to FDI, Private Equity and M&A advisory. He has been a tremendous adviser.

      Corporate/M&A: The Elite respondentAsia-Pacific
    • Raghubir is a gem of a person, with excellent command over the subject. We look at him for advice whenever we face a complex issue. He is the one who always gets us to where we want to go.

      Corporate/M&A: The Elite respondentAsia-Pacific
    • Raghubir has very, very deep knowledge about the law and regulations, and relevant market practices and positions.

      Corporate/M&A: The Elite respondentAsia-Pacific
  • Band 2Gunjan Shah
    Band 2Gunjan Shah

    Gunjan Shah

    Gunjan Shah is an experienced lawyer with a notable market presence in India. Her practice includes advising on acquisitions, sales and foreign investment. She is a partner in SAM's New Delhi office.
    • Gunjan is an extremely astute lawyer with excellent client skills

      Corporate/M&A: The Elite respondentAsia-Pacific
  • Band 2Manav Nagaraj
    Band 2Manav Nagaraj

    Manav Nagaraj

    Manav Nagaraj has long been established in the Bengaluru legal market. He can bring his knowledge of venture capital and investment structuring to bear on corporate and M&A matters.
    • Manav is very knowledgeable and good at controlling a room.

      Corporate/M&A: The Elite respondentAsia-Pacific
  • Band 4Manish Gupta
    Band 4Manish Gupta

    Manish Gupta

    Manish Gupta is based in the New Delhi office of IndusLaw. He is active in the M&A and private equity spaces.
  • Band 4Puja Sondhi
    Band 4Puja Sondhi

    Puja Sondhi

    Puja Sondhi in Delhi is recognised for her work in the M&A space. In particular, she is noted for her work on matters in the e-commerce space and is active on fundraising work.

    • It was a pleasure to work with Puja. Her deep M&A experience, including prior international experience, was very helpful.

      Corporate/M&A: The Elite respondentAsia-Pacific

Ranked Individuals at Shardul Amarchand Mangaldas & Co (7)

India

Members

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