KNR Constructions Completes Strategic Divestment with Guidance from Cyril Amarchand Mangaldas
Key Transaction Overview
Cyril Amarchand Mangaldas (CAM), one of India’s largest full-service law firms, has successfully guided KNR Constructions Limited, alongside its wholly owned subsidiary KNRC Holdings and Investments Private Limited, in the divestment of their entire stakes in:
- KNR Muzaffarpur Barauni Tollway Private Limited
- KNR Muzaffarpur Holdings Private Limited
This strategic move saw the stakes being transferred to JKM Infra Projects Limited and its promoter, marking a significant shift in ownership within the infrastructure sector.
Legal Expertise Behind the Deal
The legal team at CAM that facilitated this transaction was led by:
- Ajay Sawhney, Partner and Head of the Northern Region
- Bhupendra Verma, Partner
They were supported by Shubham Singh, Consultant, ensuring comprehensive legal scrutiny and guidance throughout the process.
Cyril Amarchand Mangaldas’ Role in the Industry
CAM’s client portfolio is wide-ranging, serving both domestic and international enterprises. Their expertise extends to:
- Commercial enterprises
- Financial institutions
- Investment funds
- Start-ups
- Government and regulatory bodies
This versatility underscores CAM’s commitment to addressing diverse legal needs across various sectors.
Firm Profile
Cyril Amarchand Mangaldas operates with significant presence in key Indian business hubs, including:
- Mumbai
- Delhi-NCR
- Bengaluru
- Ahmedabad
- Hyderabad
- Chennai
- GIFT City
Additionally, it has international offices in Singapore and Abu Dhabi, showcasing its global reach and capability.
