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Tatva, Trilegal on $110m Bangalore Tollway stake sale

Tatva Legal advised the Bangalore Elevated Tollway and NCC Infrastructure Holdings on the Rs 750 crore sale of stake in the tollway to India Infrastructure Fund II which was advised by Trilegal.

Tatva Hyderabad partner Ekta Bahl and manager Pratyush Singh acted for the Tollway and NCC

Trilegal Delhi partners Yogesh Singh and Saurabh Bhasin, counsel Ravi Mahto, senior associates Amar Narula and Tanya Mehta and associate Astha Srivastava acted for the fund.

NCC and Soma hold 38 per cent stake each in BETL, while Infrastructure Leasing and Financial Services holds 24 per cent, according to Mint.

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