Cyril Amarchand Mangaldas acted as Indian legal counsel to Cube Highways Trust, and its Investment Manager, Cube Highways Fund Advisors Private Limited in connection with the conversion of Cube Highways Trust from a privately listed infrastructure investment trust (InvIT) into a publicly listed InvIT.
The transaction involved an offer for sale of approximately INR 5,000 crore, undertaken by BCI IRR India Holdings Inc., BCI IRR India Holdings Limited Partnership, Cube Highways and Infrastructure II Pte. Ltd., Cube Highways and Infrastructure III Pte. Ltd., Cube Mobility Investments Pte. Ltd. and Seventy Second Investment Company LLC.
The transaction was led by Yash Ashar, Senior Partner; Kranti Mohan and Priyadarshini Rao, Partners; with support from Subham Jain, Senior Associate; and Yash Bhale, Neha Jayesh, Nilay Raj and Aryan Pandey, Associates