New Delhi | May 13, 2026: Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to Crystal Crop Protection Limited (“Crystal”) in relation to its acquisition of 100% shareholding of FMC India Private Limited (“FMC India”) from FMC and its group entities.
The transaction also involves the acquisition of FMC India’s commercial operations in the crop protection business in India, including a license to FMC’s brands sold in India. As part of the transaction, Crystal will also receive preferred supply arrangements for certain FMC active ingredients and formulated products, along with preferred access to FMC’s pipeline of active ingredients in India for the crop protection field. The deal value is approximately INR 22,680 million, subject to customary adjustments for cash, debt and working capital.
SAM advised Crystal on all aspects of the transaction, including advising on the transaction structure, drafting, reviewing and negotiating the share purchase agreement, intellectual property license agreement, innovation access agreement, supply agreements, transition services agreement, and other ancillary transaction documents.
The SAM transaction team was led by Puja Sondhi, Partner, and Aayush Kapoor, Partner, supported by Sourav Nath, Principal Associate, Prerna Saroha, Senior Associate, Vaibhavi Shaunak, Senior Associate, Pratim Majumder, Senior Associate and Rishika Arya, Associate.
The Direct Tax team comprised Gouri Puri, Partner, Rahul Yadav, Partner and Nimish Malpani, Principal Associate.
The Indirect Tax team comprised Rajat Bose, Partner, Neeladri Chakrabarti, Consultant and Vikram Singhal, Principal Associate.
The IP team comprised Apoorva Murali, Partner and Anshika Chadha, Associate.
The Competition Law team comprised Rohan Arora, Partner, Ritesh Puri, Senior Associate and Ojaswi Bhagat, Associate.
