Duane Morris & Selvam advises on Globus Spirits Limited’s QIP

SINGAPORE, 12 August 2026 — Duane Morris & Selvam LLP acted as the international legal counsel to Nuvama Wealth Management Limited in its capacity as the book running lead manager on the recent sale of INR 2,000 million (US$ 21 million) of shares in Globus Spirits Limited in a qualified institutions placement in India and concurrent private placements outside India, including in the United States.

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Duane Morris & Selvam Recognised as a Regional and Specialist firm in India Business Law Journal’s 2026 Foreign Firms Leading on India report

SINGAPORE, 4 August 2026 – Duane Morris & Selvam has been recognised as a Regional & Specialist firm for India-related matters in India Business Law Journal’s (IBLJ) 2026 Foreign Firms Leading on India report.

The India Business Law Journal highlights that “Duane Morris & Selvam is hugely admired for the depth and breadth of its India practice spanning capital markets, oil and gas advisory, dispute resolution, and corporate M&A.”

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Duane Morris & Selvam advises on Kusumgar Limited’s IPO

SINGAPORE, 22 July 2026 — Duane Morris & Selvam LLP acted as the international legal counsel to Axis Capital Limited, IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited in their capacity as the book running lead managers on the recent sale of INR 10,150.00 million (approximately US$106 million) of equity shares in Kusumgar Limited in a pre-IPO and IPO in India and concurrent private placements outside India. The shares were listed on BSE and NSE on July 15, 2025.

The IPO garnered remarkable interest from investors, with a QIB subscription of 298 times, which is one of the highest ever, and an overall subscription of approximately 135 times.

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Duane Morris & Selvam Advises on Manorama Industries Limited ₹500 crore Qualified Institutions Placement

SINGAPORE, 8 July 2026 — Duane Morris & Selvam LLP acted as special international legal counsel to Ambit Private Limited and ITI Capital Limited in their capacity as the book running lead managers for the ₹500 crore Qualified Institutions Placement (QIP) by Manorama Industries Limited, a leading Indian manufacturer of specialty tree-borne oils and fats derived primarily from Sal and Mango seeds.

The Duane Morris & Selvam LLP team was led by Jamie Benson, Director and Head of the U.S. Capital Markets, U.S. Venture Capital and India Practices. Faiz Jugari, an associate in the Singapore office, also advised on the QIP.

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Duane Morris & Selvam LLP Strengthens SG–LATAM Alliance to Deepen Connectivity Between Asia and Latin America

SINGAPORE, 8 December 2025 — Duane Morris & Selvam LLP today announced a renewed commitment to its SG–LATAM alliance, strengthening the firm’s longstanding Latin America Business Group and expanding the bridge it has built between Latin America and Asia.

The alliance now spans a network of leading firms across Argentina, Brazil, Colombia, Costa Rica, Chile, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Peru, Uruguay and Venezuela, underscoring the firm’s comprehensive regional reach. The members of the Latin America Business Group are top-ranked law firms in their respective jurisdictions.

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Arfat Selvam Receives the Annual International Bar Association (IBA) Pro Bono Award 2025

SINGAPORE, 7 November 2025 — Duane Morris & Selvam LLP is proud to announce that our Managing Director, Mrs. Arfat Selvam, has been awarded with the prestigious Annual International Bar Association (IBA) Pro Bono Award 2025 by the Pro Bono Committee at the Annual Conference of the IBA in Toronto, Canada held on 2-7th November 2025.

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Duane Morris & Selvam (Myanmar) Promotion Announcement

SINGAPORE, November 5, 2025 – Duane Morris & Selvam (Myanmar) is pleased to announce the promotion of CN Bei Lo, Khin Kuu Kuu Khaing, and Nhkum Bawk Seng, effective 1 October 2025. These advancements reflect the firm’s ongoing commitment to nurturing talent and strengthening its leadership in the region.

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Duane Morris & Selvam LLP Advises on Seven IPOs in Record Month for India Capital Markets

SINGAPORE, 8 October 2025 – Duane Morris & Selvam LLP is proud to have acted as legal counsel to the book running lead managers in connection with seven initial public offerings in India in September 2025. The firm advised on the IPOs of:

• AnandRathi Shares and Stock Brokers Limited;
• Solarworld Energy Solutions Limited;
• Jaro Education Limited;
• Euro Pratik Industries Limited;
• GK Energy Limited;
• Atlanta Electricals Limited; and
• Ganesh Consumer Products Limited.

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