March 22, 2024
Shardul Amarchand Mangaldas advised GVR Infra Projects Limited on the sale of its 50% shareholding in GVR Ashoka Chennai ORR Limited to Ashoka Buildcon Limited. The deal is valued at approximately Rs. 185 crores.
The transaction team was led by Rohan Jain, Partner and Shrutika Lakhotia, Associate.
The IBC and pledge-release related team comprises Anoop Rawat, Partner and Sagar Dhawan, Partner.
The Ashoka Buildcon Limited was advised by Cyril Amarchand Mangaldas on the legal aspects.
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