JSW Green Mobility Limited has made a strategic investment in Lithium Urban Technologies Private Limited.
JSA Advocates & Solicitors advised JSW Green Mobility on this investment. The transaction was completed upon execution of the definitive agreements and satisfaction of the agreed conditions precedent. JSA provided end-to-end support to JSW including negotiation and finalization of these documents.
The transaction team was led by Amitabh Sharma (Partner), and included Ankita Jain (Partner), Hiral Harshad Mehta (Senior Associate), Snigdha D. Mazumdar (Associate), Priyanka Priyadarshini (Associate) and Pragya Jain (Company Secretary).
Kumarmanglam Vijay (Partner and Head of Practice, Direct Tax) and Surajkumar Shetty (Partner) advised on Direct Tax law aspects.
Vaibhav Choukse (Partner), Ela Bali (Partner), Faiz Siddiqui (Senior Associate) and Priyanshi Jain (Associate) advised on Competition law aspects.
Lithium operates across electric fleets, charging infrastructure, fleet intelligence systems and centralised operational command capabilities.
JSW’s investment in Lithium will be utilized for expansion of EV fleets and charging infrastructure in India.
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