Bodal Chemicals Ltd’s $18.8 Million Acquisition of Mawana Sugars

AZB & Partners acted as the legal counsel to Mawana Sugars on the deal.

As reported in CEE Legal Matters and in others online publications Mawana Sugars Ltd signed an agreement to sell its non-core business to Bodal Chemicals Ltd, another publicly listed company. Mawana Sugars said it is selling the Punjab-based Siel Chemical Complex in a slump sale for Rs 137 crore (nearly $18.8 million).

The AZB & Partners team was led by partners Daksh Trivedi (Picture) and Ankit Tandon.

Involved fees earner: Ankit Tandon – Azb & partners; Daksh Trivedi – Azb & partners;

Law Firms: Azb & partners;

Clients: Mawana Sugars ;

Author: Sonia Carcano