Shapoorji Pallonji Group company has announced the sale of the brownfield-Gopalpur port to Adani Ports, for an enterprise value of ₹3,080 crore.

Desai & Diwanji advised Shapoorji Pallonji Group on this transaction.

The transaction team consisted of Natasha Treasurywala (Partner), Harsh Desai (Associate) and Rishabha Sharma (Senior Associate).

Apurva Diwanji (Senior Partner) provided support and strategic inputs on the Transaction.

The General Corporate team of Cyril Amarchand Mangaldas advised Adani Ports on the transaction. 

The Transaction Team was led by Surya Sreenivasan, Partner; with support from Devanshi Dalal, Senior Associate; Akshay Zaveri, Senior Associate; and Pauravi Kolhe, Associate.

Paridhi Adani, Partner; provided support and strategic inputs on the Transaction.

Surya Sreenivasan, Partner; along with support from Aniket Singhania, Principal Associate; Deepika Bahirwani, SeniorAssociate; Stuti Kaushik, Associate; Hetashri Khajanchi, Associate; and Deepanshu Agarwal, Associate; advised on the Regulatory, Material Contracts And Real Estate aspects of the Transaction.

Surya Sreenivasan, Partner; along with support from M Shivraman, Principal Associate; Akshay Zaveri Senior Associate; Ritika Neogi, Associate; advised on the Financing aspects of the Transaction.

Ankita Ray, Partner; along with support from Luv Saggi, Principal Associate; Varsha Sriram, Senior Associate; Karan Himatsingka, Associate; Medha Puvvala, Associate; advised on the Employment aspects of the Transaction.

Monark Gahlot, Partner; along with support from Tilak Dangi, Associate; and Simran Chaudhary, Associate; advised on the Litigation related issues and aspects of the Transaction.

Devanshi Dalal, Senior Associate; along with support from Pauravi Kolhe, Associate; advised on the Corporate And Insurance related issues of the Transaction.

Kirthi Srinivas, Partner; advised on the Competition Law aspects of the Transaction.

Trilegal acted for Orissa Stevedores Limited on this transaction.

The transaction team was led by Harsh Jain (Partner) and Ekta Jhangu (Senior Associate) led the transaction.

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