Cyril Amarchand Mangaldas (“CAM”) acted as the legal counsel to Neev Fund, Eight Roads Investments Mauritius II Limited and Aavishkaar India II Company Limited (collectively the “Clients”) in connection with the sale of their entire respective shareholding in Milk Mantra Dairy Private Limited (“Target”) pursuant to the 100% acquisition of the Target by Hatsun Agro Product Limited for INR 233 crore.
The Target Company is engaged in the business of manufacturing, marketing and selling milk and milk products. The team was led by Jay Parikh, Partner; with support from Saranya Lal, Associate. The transaction was signed on 20th January, 2025.
About Cyril Amarchand Mangaldas
Cyril Amarchand Mangaldas (cam) is India’s leading law firm with a global reputation of being trusted advisers to its clients. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity and venture capital funds, start-ups, government and regulatory bodies. The Firm generalists, specialists and senior ex-regulators expertly guide clients across a spectrum of transactions, sectors and regulations. The Firm is one of the largest full-service law firm in India and offices in key business centers at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City, Singapore and Abu Dhabi.
The Firm received “National Law Firm of the Year: India” at the IFLR Asia-Pacific Awards for the second consecutive years in 2023 and 2022 and “Innovation in Advancing Markets” award at the FT Innovative Lawyers Asia Pacific 2022 Awards. The Firm had won “India Deal Firm of the Year” at the ALB India Awards and “Firm of the Year” at the IFLR1000 India Awards in 2022.
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