December, 05, 2025, Mumbai: CAM advised Ashoka Buildcon Limited on Macquarie’s exit from its group entities, Ashoka Concessions Limited and Jaora – Nayagaon Toll Road Company Private Limited (“Group Entities”). Post the transaction, the Macquarie entities – Macquarie SBI Infrastructure Investments Pte Limited and SBI Macquarie Infrastructure Trust, have fully exited from the Group Entities. The exit was linked to the sale of various highway assets and build-operate-transfer toll road assets of several SPVs of the Ashoka Group.
The transaction was led by Aditi Manchanda, Partner; with support from Kaushik Raichura, Associate.
About Cyril Amarchand Mangaldas
Cyril Amarchand Mangaldas (CAM) is India’s leading law firm with a global reputation of being trusted advisers to its clients. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity and venture capital funds, start-ups, government and regulatory bodies. The Firm’s generalists, specialists and senior ex-regulators expertly guide clients across a spectrum of transactions, sectors and regulations. With over 1100 lawyers including 220 Partners, the Firm is a full-service law firm with offices in key business centres at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City, Singapore and Abu Dhabi.
The Firm has been named “Law Firm of the Year 2025” and consistently recognised as “Best Overall Law Firm” by the IBLJ Indian Law Firm Awards. It received “National Law Firm of the Year: India” at the IFLR Asia-Pacific Awards for the second consecutive year in 2023 and 2022 and “Innovation in Advancing Markets” award at the FT Innovative Lawyers Asia Pacific 2022 Awards. The Firm also won “India Deal Firm of the Year” at the ALB India Awards and “Firm of the Year” at the IFLR1000 India Awards in 2022.