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.

2019-08-02

Deal value: Rs 3,530 crores

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