ELP acts on sale of minority stake by Canpac

Investcorp, State Bank of India and the Patni family trusts have cumulatively acquired a significant minority stake in through a primary and secondary transaction cumulatively aggregating to ₹340 crores.

Economic Laws Practice (ELP) assisted Canpac, its promoters and JM Financial on this transaction.

The transaction team consisted of Abhishek Sanyal (Partner), Jishnu Dhar (Principal Associate), Daryl Menezes (Senior Associate), Simran Yadav (Associate) & Kingshuk Saha (Associate).

Canpac Trends Private Limited is an Ahmedabad based packaging company.

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