S&R Associates represented IRB Infrastructure Trust, an infrastructure investment trust sponsored by IRB Infrastructure Developers Limited, in an INR 1.16 billion investment in Samakhiyali Tollway, the concessionaire for a toll-road project in the state of Gujarat.

The S&R team was led by partner Pratichi Mishra and included associates Dhanush Dinesh, Samyak Jain, Oshika Nayak and Advaita Kapoor.

For reference, please see the stock exchange announcements below in relation to the transaction:

https://www.irbinfratrust.co.in/home/wp-content/uploads/2023/10/IntimationExecutionofDefAgreementsSTPLIRBInfraTrust.pdf

https://nsearchives.nseindia.com/corporate/IRBIT_04012024183755_IntimationPvtInvIT.pdf