S&R Associates Advised IRB Infrastructure Trust On INR 84.36 Billion Sale To IRB InvIT Fund
S&R Associates advised IRB Infrastructure Trust on INR 84.36 billion sale to IRB InvIT Fund
The Indian law firm, S&R Associates represented IRB Infrastructure Trust, an infrastructure investment trust owning and operating road assets, in the INR 84.36 billion sale of IRB Hapur Moradabad Tollway Limited, Kaithal Tollway Limited, and Kishangarh Gulabpura Tollway Limited to IRB InvIT Fund, a publicly listed infrastructure investment trust. The toll roads operate across the Indian states of Uttar Pradesh, Haryana, and Rajasthan.
The transaction involved extensive legal advisory on structuring, regulatory compliance, and documentation to ensure a seamless transfer of assets between the two trusts. The sale forms part of IRB InvIT Fund’s broader strategy to expand its portfolio of operational toll road assets across India.
The S&R Associates team was led by Pratichi Mishra (Partner) and included Oshika Nayak (Associate), Samyak Jain (Associate), and Advaita Kapoor (Associate).
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