AZB & Partners assisted Coromandel International Limited (a Murugappa group company), a listed company and one of India’s leading agri-solutions provider, on its acquisition of a majority stake in NACL Industries Limited, a listed company. The transaction will strengthen Coromandel’s presence in crop protection business, both in domestic and export markets.

Our deal team comprised our Senior Partner Darshika Kothari, Partners Kritika Agarwal and Abhilash Chandran, Senior Associate Farah Titina, Associates Anushka Mehta, Siddharth Tandon and Ashwin Vardarajan. They were supported by our Partners Nandan Pendsey, Esq., Ruchit Parikh, Nikunj Maheshwari, Nishanth Ravindran, Prerak Ved, Senior Associates Cheryl F. Fernandes, Namrata Vora, Ankit Dutta, Abhay Raj Singh Bundela, Shreya Mishra and Rhea Ghanshani, Associates Himanshu Kalwani, Isha Sheth, Ankit Pal, Prince Todi, Pratham Pratap Mohanty and Rhea Chauhan on the due diligence aspects; and by Partner Bharat V Budholia, Senior Associate Varun Thakur, Associates Anmol Awasthi and Varnika Agarwal on the anti-trust filing. Special thanks to our Senior Consultants Mr. Padmanabhan G and Mrs. Harini Balaji for their guidance on regulatory aspects, and to our Partner Kunal Kumbhat for his periodic support.