Shardul Amarchand Mangaldas Advised KCC Buildcon Private Limited On Sale Of Annuity Road Assets To Build India Infrastructure Fund

Shardul Amarchand Mangaldas Advised KCC Buildcon Private Limited on Sale of Annuity Road Assets to Build India Infrastructure Fund

The leading law firm in India, Shardul Amarchand Mangaldas & Co. (SAM) advised KCC Buildcon Private Limited on the sale of a 100% stake (through concession-agreement linked tranches) in three operational annuity road assets to Build India Infrastructure Fund.

The assets form part of the 669-kilometre, four-lane greenfield Delhi–Amritsar–Katra Expressway, being developed to connect Delhi to Katra in Jammu & Kashmir, with a spur leading to Amritsar. The road projects operate under NHAI’s Hybrid Annuity Model (HAM).

The SAM transaction team was led by V R Neelakantan (Partner), with support from Samridha Neupane (Partner) and Manmay Mridul (Senior Associate).

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