JSA is advising Axis Capital Limited and Kotak Mahindra Capital Company Limited in relation to the proposed initial offering of units of TVS Infrastructure Trust (“InvIT”), an infrastructure investment trust, on a private placement basis, aggregating up to ₹13,000.00 million, comprising of a fresh issue aggregating up to ₹10,500.00 million by the Trust (“Fresh Issue”) and an offer for sale by TVS Industrial and Logistics Parks Private Limited (“Sponsor”) aggregating up to ₹2,500.00 million (“Offer for Sale”, and together with the Fresh Issue, the “Offer”).
As part of the transaction, the InvIT will acquire 18 infrastructure parks from the Sponsor. The InvIT has filed its draft placement memorandum document with SEBI on February 7, 2025.
JSA transaction team comprised lead Partner, Arka Mookerjee, Partner, Pracheta Bhattacharya, Senior Associate, Sourav Modi and Associates, Ankesh Kumar & Jeebitesh Bhattacharya.
Deal value – INR 13,000 million.
