Shardul Amarchand Mangaldas & Co. successfully represented Paradeep Phosphates Limited (PPL) and Mangalore Chemicals and Fertilizers Limited (MCFL), on their proposed merger and Zuari Maroc Phosphates Private Limited on its proposed acquisition of certain shareholding of MCFL.
The proposed combined entity will become one of the largest integrated private-sector fertilizer company in India.
The competition team was led by Rohan Arora, Partner; Ritesh Puri, Senior Associate; Sai Divkanwar Singh and Sakshi Agarwal, Associates. The deal team was led by Shardul S. Shroff, Executive Chairman; Gunjan Shah, Karun Prakash, and Sangamitra Sankaraiah, Partners; Amrusha Monga, Senior Associate and Ruthvik Tumuluri, Associate.
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