Cyril Amarchand Mangaldas acted as legal counsel for Temasek in its Pre-IPO investment of INR 482 Crores in Milky Mist Dairy Food Limited

CAM Advises Bagmane Developers Deal

Cyril Amarchand Mangaldas (“CAM”) 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.

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