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.

