Shardul Amarchand Mangaldas Advised KCC Buildcon Private Limited on Sale of Annuity Road Assets to Build India Infrastructure Fund
The leading law firm in India, Shardul Amarchand Mangaldas & Co. (SAM) advised KCC Buildcon Private Limited on the sale of a 100% stake (through concession-agreement linked tranches) in three operational annuity road assets to Build India Infrastructure Fund.
The assets form part of the 669-kilometre, four-lane greenfield Delhi–Amritsar–Katra Expressway, being developed to connect Delhi to Katra in Jammu & Kashmir, with a spur leading to Amritsar. The road projects operate under NHAI’s Hybrid Annuity Model (HAM).
The SAM transaction team was led by V R Neelakantan (Partner), with support from Samridha Neupane (Partner) and Manmay Mridul (Senior Associate).
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