"Anantam Highways Trust Raises ₹400 Crore in IPO, Acquires Seven Road Assets"

"Anantam Highways Trust has successfully raised ₹400 crore through an initial public offering (IPO) involving the issuance of units. The trust, which focuses on investing in infrastructure assets, has also acquired seven road assets operating on a hybrid annuity model from Dilip Buildcon Limited and its associates. Cyril Amarchand Mangaldas provided legal advice to Anantam Highways Trust, while JSA Advocates & Solicitors advised the lead manager, Nuvama Wealth Management Limited."

Cyril Amarchand Mangaldas and JSA Advocates & Solicitors participated in the transaction involving Anantam Highways Trust, with Cyril Amarchand Mangaldas advising the Trust and JSA Advocates & Solicitors advising the lead manager, Nuvama Wealth Management Limited. Anantam Highways Trust successfully raised ₹400 crore through an initial public offering (IPO) that included the issuance of units. As part of this transaction, the Trust also acquired seven road assets operating on a hybrid annuity model from Dilip Buildcon Limited and its associates, as well as from certain associates of Alpha Alternatives Holding Private Limited. The transaction team from Cyril Amarchand Mangaldas was led by Partner Arka Mookerjee, with support from Partner Siddhartha Desai, Principal Associate Sourav Modi, and Associates Jeebitesh Bhattacharya and Vaishnavi Kokkonda.

"Anantam Highways Trust Raises ₹400 Crore in IPO, Acquires Seven Road Assets"

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads