JSA Advocates & Solicitors Advised Punjab National Bank in relation to rupee term loan provided to Indus Infra Trust (formerly known as Bharat Highways InvIT) of the GR Infra Group.
It is a public listed infrastructure investment trust (“InvIT”) within the meaning of SEBI (Infrastructure Investment Trusts) Regulations, 2014 established to own and manage road assets in India.
The JSA team was led by Karan Mitroo, Partner, with support from the Debt Financing team consisting of Pragya Verma, Senior Associate, and Jhalak Gupta and Harsh Dugar, Associates.
Karan brings nearly 17 years of extensive experience in foreign and domestic debt financing in India. He advises leading clients across sectors such as renewables, infrastructure, real estate, healthcare, and hospitality.