August 27, 2025
Shardul Amarchand Mangaldas & Co.(SAM) acted as the legal advisor to ChrysCapital on its acquisition of majority stakes in Theobroma Foods Private Limited from the existing promoters of the Company and ICICI Venture entities.
The transaction team was led by Gunjan Shah, Partner; Karun Prakash, Partner; Anant Dang, Partner; Sangamitra Sankaraiah, Partner; Devaditya Chakravarti, Counsel; Anshul Chopra, Principal Associate; Tanay Khanna, Principal Associate; Hitakshi Mahendru, Senior Associate; Bhavna Hemrajani, Senior Associate and Aradhana Parmeshwar, Associate.
The due diligence team was led by Karun Prakash, Partner; Apoorva Murali, Partner; Anshul Chopra, Principal Associate; Bhavna Hemrajani, Senior Associate; Aradhana Parmeshwar, Associate; and Anshika Chadha, Associate.
The competition team was led by Rohan Arora, Partner; Rahul Shukla, Principal Associate; and Anushka Gupta, Associate.
The banking & finance team was led by Veena Sivaramakrishnan, Partner, Co-Head, Banking & Finance; Yash Kahandole, Principal Associate; Sneha Rao, Senior Associate; and Sumanyu Mohanty, Associate.
Agram Legal Consultants advised the Promoter Sellers
JSA advised ICICI Venture on legal aspect.
EY and Deloitte advised ChrysCapital on tax aspects.
Deloitte also acted as the financial advisor
PricewaterhouseCoopers acted as the ESG advisor.
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