Shrem InvIT’s Private Placement

Link Legal advised ICICI Securities Limited on the deal.

Shrem Infrastructure Investment Trust executed a private placement, which is one of the first issuances by a road sector InvIT with a large portfolio of operating assets (24 assets) with projects panning across all four delivery models of PPP (i.e., HAM, Annuity, Toll, Toll & Annuity).

The book running lead manager was ICICI Securities Limited.

The Link Legal team consisted of Partners Milind Jha (Picture) and Namita Das, Associate Partners, Jimit Shah and Aditya Bhardwaj, Principal Associate, Shailender Sharma and Associates, Tamilarasi Mudaliar, Aditya Sinha, Aashna Batra and Dewang Khandelwal.

Involved fees earner: Aashna Batra – Link Legal; Aditya Bhardwaj – Link Legal; Namita Das – Link Legal; Milind Jha – Link Legal; Dewang Khandelwal – Link Legal; Tamilarasi Mudaliar – Link Legal; Jimit Shah – Link Legal; Shailender Sharma – Link Legal; Aditya Sinha – Link Legal;

Law Firms: Link Legal;

Clients: ICICI Securities Ltd.;