TT&A advised Dabur India Limited in its proposed purchase of 100% of the share capital of the Badshah Masala Private Limited from its shareholders by way of (i) purchase of 51% share capital of the Company from certain existing shareholders in the first instance (“First Tranche Acquisition”); and (ii) purchase of the remaining 49% stake, subsequently, based on timelines agreed between parties (“Second Tranche Acquisition”). The deal value is split between the two tranches and the first tranche acquisition consideration is approximately INR 587.52 crore (subject to agreed adjustments).  

TT&A Team: Gautam Saha &  Swati Chauhan – Partner; Akshita Alok – Managing Associate and – Aditi Somani & Shambhavi Singh – Associates