Reliance Industries Thursday said it has leased 4,000 acres of land from Navi Mumbai SEZ (NMSEZ) for an initial payment of Rs 2,180 crore to develop a global economic hub. NMSEZ, as part of a tender process was allotted this land in 2006 to develop a world class SEZ. — The Economic Times

AZB & Partners advised Reliance Industries Limited (“RIL”) led by a team of partners Zia Mody, Ashwath Rau, Prerak Ved and Nohid Nooreyezdan, and associates John Adwet Raghav, Ruchit Parikh, Muffaddal Bohra, Sushim Aryan, Siddhartha Das and Saamir Askari.

2019-03-06

Deal value: $314m / INR 21800m

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