December 12, 2022
Shardul Amarchand Mangaldas advised GMR Airports Limited and GMR Goa International Airport Limited (“GGIAL”), in relation to the proposed investment by National Investment and Infrastructure Fund (“NIIF”) in GGIAL in the form of Compulsory Convertible Debenture. The date of executing the deal was 6 December, 2022.
The transaction will be NIIF’s first investment in an airport asset in the country and its first direct investment in the state of Goa.
The transaction team was led by Jatin Aneja, Partner and National Practice Head, Projects and Infrastructure; Kushal Sinha, Partner; Dhrupad Pant, Principal Associate; Rishab Chaudhary, Associate; Tanusmita Ghosal, Associate; and Shamik Gupta, Associate.
Talwar Thakore & Associates (TT&A) advised NIIF.
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