June 6, 2025
Shardul Amarchand Mangaldas & Co. advised Tata Capital Limited on part-financing the brown field international airport at Nagpur, Maharashtra in relation to its further upgradation, development and operation. The transaction was signed on 29 April 2025 and is valued at INR 2607 Crores.
Nagpur Airport, a joint venture of the Maharashtra Airport Development Company and the Airports Authority of India and GMR Airports Limited. Nagpur Airport development is integral to the multi-model international cargo hub and airport at Nagpur. Once expanded, this airport will play a significant role in economic development of Vidarbh Region.
The transaction team was led by Anurag Dwivedi, Partner; Shubham Sharma, Principal Associate; and Shravani Bhide, Associate. Shashwat Bhaskar, Senior Associate, and Amogh Mittal, Associate provided inputs on the closing.
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