Nxt-Infra Trust has made a issuance of units by way of an institutional placement to institutional investors, for an amount aggregating to ₹700.15 crore.
Cyril Amarchand Mangaldas advised Nxt-Infra Trust as well as the lead managers NovaaOne Capital Private Limited and Ambit Private Limited on this issuance of units.
The capital markets team comprised Janhavi Manohar (Partner), Saksham Khokhar (Senior Associate), Ankesh Kumar (Senior Associate), Associates Molika Agrawal, Sanjana Prasad, Monusha Nambiar, Aryan Pandey and Maria Palamattom.
The general corporate team comprising of Ratnadeep Roychowdhury (Partner) and Shaunak Choudhury (Associate) also advised on certain aspects of the transaction.
Sponsored by Actis Highway Infra Limited, Nxt-Infra Trust is an InvIT that owns and operates road and highway assets across India. Its portfolio contains six project SPVs covering over 2,000 lane kilometers across Delhi, Haryana, Uttarakhand, Uttar Pradesh, and Maharashtra.
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