Shardul Amarchand Mangaldas advises KCC Buildcon on sale of annuity road assets to Build India Infrastructure Fund

"Shardul Amarchand Mangaldas & Co advised KCC Buildcon Private Limited on the sale of a 100% stake in three operational annuity road assets to Build India Infrastructure Fund. The assets form part of the 669-km, four-lane Delhi–Amritsar–Katra Expressway and operate under the National Highways Authority of India’s Hybrid Annuity Model."

Shardul Amarchand Mangaldas & Co advised KCC Buildcon Private Limited on the sale of a 100% stake in three operational annuity road assets to Build India Infrastructure Fund. The transaction involved the sale of the entire stake through concession‑agreement linked tranches in three operational annuity road assets. These assets form part of the 669-kilometre, four-lane greenfield Delhi–Amritsar–Katra Expressway, a project developed to connect Delhi to Katra in Jammu & Kashmir with a spur leading to Amritsar. The road projects operate under the National Highways Authority of India’s Hybrid Annuity Model (HAM). Shardul Amarchand Mangaldas & Co represented KCC Buildcon Private Limited with a team composed by: V R Neelakantan (Partner), Samridha Neupane (Partner) and Manmay Mridul (Senior Associate).

Shardul Amarchand Mangaldas advises KCC Buildcon on sale of annuity road assets to Build India Infrastructure Fund

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