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L&L acted for Axis consortium on $506m sale of GMR Chhattisgarh to Adani Power (Aug ‘19)

GMR Infrastructure Ltd ... announced signing of agreement with Ltd for sale of entire stake of 47.62% in GMR Chhattisgarh Energy Ltd (GCEL) to Adani Power for an estimated value of Rs 3000 crore.

The Economic Times

L&L Partners advised Axis Bank led lenders’ consortium;; with a transaction team of partner Bikash Jhawar and managing associate Satadru Goswami, partner Rohit Raghavan, and associates Sourav Padhi, Aryadevi, Kavya Gupta, Rasika Rasam and Sikander Wankhede.


Deal value: Rs 3,530 crores

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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