Cyril Amarchand Mangaldas Advised Pernod Ricard on the Proposed Sale of its Imperial Blue Business Division to Tilaknagar Industries Limited
The leading Indian law firm Cyril Amarchand Mangaldas acted as the Indian legal counsel to Pernod Ricard India Private Limited in a landmark transaction involving the proposed sale of its ‘Imperial Blue’ business division to Tilaknagar Industries Limited. The Firm provided end-to-end legal support on the transaction.
The sale strengthens Pernod Ricard India’s portfolio, enabling the company to tap into premiumization trends and support sustained, profitable growth. The transaction was announced on July 23, 2025. Closing remains subject to approval from the Competition Commission of India and is expected to occur in the coming months.
The General Corporate team of Cyril Amarchand Mangaldas advised on the transaction.
The transaction team was led by Akila Agrawal (Senior Partner), Mukul Sharma (Partner), and Neham Tayal (Partner), with support from Rudraksh Durrani (Principal Associate), Nishant Tiwari (Associate), Diya Narag (Associate), Devarshi Mohan (Associate), and Avni Srivastava (Associate).
The intellectual property aspect team was led by Swati Sharma (Partner & Head – Intellectual Property) and Revanta Mathur (Partner), with support from Sannat Chandna (Principal Associate-Designate) and Akshit Singla (Associate).and Pranav Sharma (Partner) and Meeta Kurpad (Partner), with support from Manasvin Andra (Associate), advised on the financing aspects of the transaction, and Vijay Chauhan (Partner), with support from Rajat Sharma (Senior Associate) and Kartik Agrawal (Associate), advised on competition law aspects, and Ashish Jain (Partner), with support from Siddharth Iyer (Principal Associate), assisted on the real estate aspects. Bishen Jeswant (Partner), with support from Akash Mishra (Principal Associate) and Rachita Shah (Associate), advised on the employment law aspects.
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