Proposed offering of units by Nxt-Infra Trust

  • Deal
  • January 19, 2024

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.