JSA is advising Axis Capital Limited in relation to the proposed initial offering of units of Nxt-Infra Trust (“InvIT”), an infrastructure investment trust, on a private placement basis, comprising an issuance of units aggregating up to ₹19,000.00 million (“Issue”). As part of the transaction, the InvIT will also acquire six road assets from Actis Group. Nxt-Infra Trust has filed its draft placement memorandum document with SEBI on January 5, 2024.
Deal value: Rs. 19,000 million
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, Senior Associate – Sourav Modi and Associate – Jeebitesh Bhattacharya.
Arka’s practice area covers primarily 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.