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SAM, CAM, Jerome act on setting up of Oriental InfraTrust with assets comprising 5 Road Projects
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SAM, CAM, Jerome act on setting up of Oriental InfraTrust with assets comprising 5 Road Projects

Bar & Bench

Shardul Amarchand Mangaldas & Co advised in the setting up of Oriental InfraTrust, a private infrastructure investment trust set up under the SEBI (Infrastructure Investment Trusts) Regulations, 2014. Oriental InfraTrust has been set up with an initial portfolio of assets comprising five operational national highway road projects, granted under NHAI concessions.

The projects, owned by Oriental Structural Engineers Private Limited and Oriental Tollways Private Limited, have been acquired by Oriental InfraTrust through a 100% share acquisition.

The SAM Corporate team acted for OSE and the team was led by Executive Chairman Shardul Shroff, along with Partner  Arvind Sharma, Principal Associate Namrata Sharma, and Associates Sanya Malhotra,  Shivani Salunke, and Meghmala Mukherjee.

Partner Sayantan Dutta, along with Principal Associate Abhinav Maker and Associate Maharghya Biswas
advised on Capital Markets aspect.

The SAM Competition team was led by Partner Harman Singh Sandhu, along with Senior Associates Nitika Dwivedi and Atreyee Sarkar,

Partner Aashish Gupta and Senior Associate Aditya Mukherjee advised on litigation aspect.

Cyril Amarchand Mangaldas acted as counsel to some of the investors in the Invit

Jerome Merchant + Partners advised the lead bank, I-Sec and the team was led by Partner Shameek Ray.

The value of the deal is approximately Rs. 23060 million