S&R Associates advised Dilip Buildcon for 100 percent equity sale
S&R Associates advised Dilip Buildcon for 100 percent equity sale
The ten projects are estimated to be worth Rs.2,349 crores
The New Delhi-based law firm S&R Associates has represented Dilip Buildcon Limited (DBL), a listed construction and infrastructure development company, in the sale of 100 percent equity held by DBL and its subsidiary DBL Infra Assets and their affiliates.
The portfolio pertained to 10 hybrid annuity model road projects to Shrem InvIT, an infrastructure investment trust registered with the Securities and Exchange Board of India (SEBI), acting through its investment manager, Shrem Financial.
The total equity valuation of the ten projects is approximately Rs.2,349 crores that are subject to certain valuation adjustments.
The S&R team was led by Mohit Gogia (partner), Shivaji Bhattacharya (partner), and Anshul Chopra (associate partner).
