Shardul Amarchand Mangaldas & Co. (SAM) advised Tata Capital Limited as lender’s counsel on INR 540 crore in secured rupee term loan facilities extended to Jayaswal Neco Industries Limited.
The financing will support the construction, development and commissioning of Jayaswal Neco Industries Limited’s proposed 1.50 million tonnes per annum (MnTPA) Straight-Grate Pellet Plant at Raipur, Chhattisgarh.
The SAM team comprised Veena Sivaramakrishnan, Partner; Dhananjai Charan, Partner; Yash Kahandole, Principal Associate; and Shruti Mishra, Associate.
