NCC Ltd, along with Gayatri Projects Ltd is selling 100% of their shareholding in Western UP Tollway Ltd to Cube Highways and Infrastructure Pte Ltd for Rs.575 crore..NCC holds 51% and Gayatri unit holds 49% stake in Western UP Tollway..Tatva Legal acted for Western UP Tollway and the sellers with a team led by Hyderabad Partner Ekta Bahl along with Manager Pratyush Singh..Shardul Amarchand Mangaldas acted for Cube Highways, which is backed by global infrastructure investment manager I Squared Capital and International Finance Corporation. The Shardul Amarchand team was led by Partner Jatin Aneja.
NCC Ltd, along with Gayatri Projects Ltd is selling 100% of their shareholding in Western UP Tollway Ltd to Cube Highways and Infrastructure Pte Ltd for Rs.575 crore..NCC holds 51% and Gayatri unit holds 49% stake in Western UP Tollway..Tatva Legal acted for Western UP Tollway and the sellers with a team led by Hyderabad Partner Ekta Bahl along with Manager Pratyush Singh..Shardul Amarchand Mangaldas acted for Cube Highways, which is backed by global infrastructure investment manager I Squared Capital and International Finance Corporation. The Shardul Amarchand team was led by Partner Jatin Aneja.