Shardul Amarchand Mangaldas & Co. advises on Cube Highways Trust’s conversion into a publicly listed InvIT and its ₹50,000 million IPO
The transaction marks the first successful conversion of a privately listed InvIT into a publicly listed InvIT in India, representing a significant milestone in the evolution of India’s listed infrastructure investment market. Continuing its streak, SAM has acted on every public offering by an InvIT/REIT this calendar year.