PDS Legal, NDA on Motilal Oswal's 110 crore investment in Dairy Classic Ice Creams

Bar & Bench October 24 2016

The Private Equity wing of Motilal Oswal has agreed to invest Rs. 110 crore to buy a significant minority stake in Bengaluru-based Dairy Classic Ice Creams.

Deal
Motilal Oswal invest 110 crore in Dairy Classic

Value
110 crore ($16 million)

Deal Type
PE

Sector
FMCGs

Law Firms
PDS Legal - Dairy Classic; Nishith Desai Associates - Motilal Oswal

Partners/Heads
PDS Legal - Vihang Virkar; Nishith Desai Associates - Ruchir Sinha

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