SA advised Axis Bank Limited in connection with the refinancing of the existing debt availed for the four-laning of the Rewa to Hanumana (Madhya Pradesh / Uttar Pradesh border) section of NH-7 (New NH-135 and NH-30), spanning 89.30 kilometres, on a Design, Build, Finance, Operate and Transfer (DBFOT) – Toll basis by Vindhyachal Expressway Private Limited, now acquired by the Actis Group.
The transaction team comprised Karan Mitroo, Lead Partner; Kartikeya Dubey, Partner; Aditya Bhayal, Senior Associate and Harsh Dugar, Associate.













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.