{"id":338335,"date":"2025-01-02T18:30:30","date_gmt":"2025-01-02T13:00:30","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=338335"},"modified":"2025-01-02T18:24:42","modified_gmt":"2025-01-02T12:54:42","slug":"cyril-amarchand-mangaldas-advises-adani-group-on-proposed-exit-from-adani-wilmar-limited","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/01\/02\/cyril-amarchand-mangaldas-advises-adani-group-on-proposed-exit-from-adani-wilmar-limited\/","title":{"rendered":"Cyril Amarchand Mangaldas advises Adani Group on proposed exit from Adani Wilmar Limited"},"content":{"rendered":"
\n

Cyril Amarchand Mangaldas (“CAM<\/span>”) is representing Adani Enterprises Limited (AEL<\/span>) and Adani Commodities LLP (ACL<\/span>) on ACL’s sale of all its shares (constituting up to a maximum of 31.06% equity stake) in Adani Wilmar Limited (“AWL<\/span>”) to Lence Pte. Ltd. (“Lence<\/span>”), a wholly owned subsidiary of Wilmar International Limited.<\/p>\n

The transaction is being led by Anchal Dhir<\/span>, Partner<\/span> and Jay Parikh<\/span>, Partner<\/span>, with support from Ayushi Toshniwal<\/span>, Principal Associate.<\/span><\/p>\n

Avaantika Kakkar<\/span>, Partner & Head — Competition<\/span>, is advising on competition related aspects of the Transaction.<\/p>\n

Devaki Mankad<\/span>, Partner<\/span> with support from Mansi Jhaveri<\/span>, Principal Associate<\/span> are assisting on capital markets aspect of the transaction.<\/p>\n

The agreement in relation to the transaction was signed on 30th December, 2024.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Cyril Amarchand Mangaldas (\u201cCAM\u201d) is representing Adani Enterprises Limited (AEL) and Adani Commodities LLP<\/i><\/p>\n","protected":false},"author":8808,"featured_media":338343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[77122,77121,55698,77120,68835,30960],"class_list":["post-338335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-adani-commodities-llp","tag-adani-enterprises-limited","tag-adani-group","tag-adani-wilmar-limited","tag-cam","tag-cyril-amarchand-mangaldas"],"yoast_head":"\nCyril Amarchand Mangaldas advises Adani Group on proposed exit from Adani Wilmar Limited | SCC Times<\/title>\n<meta name=\"description\" content=\"Cyril Amarchand Mangaldas (\u201cCAM\u201d) is representing Adani Enterprises Limited (AEL) and Adani 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