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CAM, Chandhiok & Mahajan act on Aditya Birla's Grasim Industries fertilizer business for Rs 2,649 crore to Indorama India

 

 

New Delhi, November 13, 2020: The Cyril Amarchand Mangaldas and the Chandhiok & Mahajan act on Aditya Birla Group firm Grasim Industries is selling its fertilizer business for Rs 2,649 crore to Indorama India. The acquisition involves the sale and transfer of Grasim's urea fertilizer business (Indo Gulf Fertilisers) on a slump sale basis through a Scheme of Arrangement.

 

According to reports, Cyril Amarchand Mangaldas advised Grasim and the team was led by Managing Partner Cyril Shroff along with Partners Nivedita Rao and Rishi Gautam.

 

Chandhiok and Mahajan acted for its long standing client Indorama India. The C&M team was led by Managing Partner Pooja Mahajan, Partner and Head of Corporate Sujoy Bhatia, Managing Associate Lovejeet Singh, Senior Associate Pallavi Railkar and Associates Jagrat Rawal, Aayushi Jain and Savar Mahajan. Partner and Head of Competition Karan Chandhiok and Counsel Deeksha Manchanda advised on the competition law aspects of the transaction.

 

ABOUT THE FIRM:

 

Chandhiok and Mahajan is a reputable, skilled and professionally managed full-service law firm in India. It offers end-to-end services in the fields of corporate law and intellectual property and has been consistently recognised as one of India's leading law firms.

 

 


News Courtesy:PIB | Hindu| DC | LE | LI | LO | IE | LL | PTI |ht | ET | UNI | DNA | FP | Jurist |IndToday|


 

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