Cyril Amarchand Mangaldas advised Astec LifeSciences (a subsidiary of Godrej Agrovet) on the rights issue of equity shares. The deal size was INR 2,382.00 million approx. The equity shares issued pursuant to the rights issue commenced trading on BSE and NSE on July 31, 2025.
The transaction was led by Yash Ashar, Senior Partner; Devaki Mankad, Partner, Regional Co-Head – Capital Markets — West; and Abhyuday Bhotika, Partner; with support from Veena Raghav Senior Associate Designate; Anna Kallivayalil, Associate; and Mahima Aggarwal, Associate.