“Mawana Sugars Ltd has entered into a definitive 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).”, as per the reports by the VC Circle.

AZB & Partners acted as the legal counsel Mawana Sugars led by a team of partners Daksh Trivedi and Ankit Tandon.

2021-02-09

Deal value: INR 137 Crores (USD 19 Million)

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.