JSA Advocates & Solicitors advised Nuvama Wealth Management Limited in relation to the initial public offering of units of Anantam Highways Trust, an infrastructure investment trust, comprising an issuance of units aggregating to ₹4,000.00 million.
As part of the transaction, the InvIT has also acquired seven road assets, which operate on a hybrid annuity model, from Dilip Buildcon Limited and its associates, as well as from certain associates of Alpha Alternatives Holding Private Limited.
The Trust filed its final offer document with SEBI on October 13, 2025, and subsequently listed its Units on the stock exchanges on October 16, 2025.
The JSA team was led by Partner Arka Mookerjee, with support from the Equity Capital Markets team, comprising Partner Siddhartha Desai, Principal Associate Sourav Modi, and Associates Jeebitesh Bhattacharya and Vaishnavi Kokkonda.
Arka’s practice area involves equity capital markets issuances which covers a wide range of products, such as Initial Public Offerings, Rights Issues, Qualified Institutions Placements, Initial Public Offering of Infrastructure Trusts and foreign currency convertible bonds.