Cyril Amarchand Mangaldas acted as the legal counsel for Temasek in its Pre-IPO investment of approximately INR 482 Crores in Milky Mist Dairy Food Limited ("Company"), comprising of a primary infusion and a secondary acquisition of securities from the promoters of the Company to acquire a minority stake in the Company. The Company is one of India's leading dairy brand specializing in premium value-added dairy products. The transaction team was led by Reeba Chacko, Senior Partner; Saurav Samaddar, Partner; with assistance from Mahima Goel, Principal Associate; Ohmkar Vishal, Senior Associate and Utkrasht Gupta, Associate.  Janhavi Manohar, Partner; assisted on the capital markets aspects of the transaction. Avaantika Kakkar, Partner (Head - Competition); with support from Anshul Jain, Senior Consultant; and Mohini Parghi, Senior Associate; assisted on the competition law aspects of the transaction.

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’s generalists, specialists and senior ex-regulators expertly guide clients across a spectrum of transactions, sectors and regulations. With over 1450 lawyers including 230 Partners, the Firm is a full-service law firm with offices in key business centres at Mumbai, Delhi- NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City, Singapore and Abu Dhabi.

The Firm has been named “India Law Firm of the Year 2026” by Legal Era, “Law Firm of the Year 2025” and consistently recognised as “Best Overall Law Firm” by the IBLJ Indian Law Firm Awards. It received “National Law Firm of the Year: India” at the IFLR Asia-Pacific Awards for the second consecutive year in 2023 and 2022 and “Innovation in Advancing Markets” award at the FT Innovative Lawyers Asia Pacific 2022 Awards. The Firm also 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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