road infrastructure

CAM Advises NXT-Infra Trust
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Cyril Amarchand Mangaldas advised NXT-Infra Trust on its acquisition of five highway companies from entities belonging to the Actis Group and KMC Constructions Limited, for consideration comprising preferentially issued units and cash.

CAM advises Adani Road Transport Ltd.
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The bid process culminated with ARTL emerging as the successful bidder whereafter ARTL incorporated an SPV namely, M/s Indore Gujarat Road Limited to substitute the Existing Concessionaire for the Project. With NHAI’s approval on the implementation of the substitution and also on the financing arrangement availed by ARTL from YES Bank Ltd for funding the consideration amount for the substitution, the parties executed definitive documents for successful implementation of the substitution.