Tata Capital Limited has sanctioned a ₹540 crore secured rupee term loan facility to Jayaswal Neco Industries Limited.

Shardul Amarchand Mangaldas & Co advised Tata Capital on this financing transaction.

The transaction team consisted of Veena Sivaramakrishnan (Partner), Dhananjai Charan (Partner), Yash Kahandole (Principal Associate) and Shruti Mishra (Associate).

The financing will support the construction, development and commissioning of Jayaswal Neco Industries’ proposed 1.50 million tonnes per annum (MnTPA) Straight-Grate Pellet Plant at Raipur, Chhattisgarh.

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