Majmudar & Partners advised Utkarsh Global Holdings Private Limited (Utkarsh), one of the promoters of Excel Crop Care Limited (Excel), in connection with the sale by Utkarsh (along with certain other shareholders) of its stake in Excel to Sumitomo Chemical Company. The advice covered various tricky aspects of Indian securities law and M&A issues. The transaction value was INR1,386 crores (US$94 million), and this was one of the larger deals in the agro-chemical space in India.

Partners, Akil Hirani and Rukshad Davar, led the team from Majmudar & Partners on this transaction.