Shardul Amarchand Mangaldas & Co advised Tata Capital Limited (“TCL”) in connection with the grant of rupee loan facility aggregating up to INR 2,607 crore to GMR Nagpur International Airport Limited for part financing of total estimated project cost to develop, finance, construct and set-up Phase IA and Phase IB of the international airport at Nagpur, Maharashtra.
Nagpur Airport development is integral to the multi-model international cargo hub and airport at Nagpur. Once expanded, this airport will play a significant role in economic development of Vidarbh Region.
The transaction was led by Partner, Anurag Dwivedi with assistance from Principal Associate, Shubham Sharma; and Associate, Shravani Bhide.
Senior Associate, Shashwat Bhaskar; and Associate, Amogh Mittal provided advice and inputs on closing
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