Luthra and Luthra recently acted as Lenders’ Legal Counsel for L&T Finance Limited in relation to the financing made available to Kappirikkad Highways Private Limited, for an amount of INR 628 Crores in connection with six laning from Kappirikkad to Thalikulam section of NH-66 (old NH-17) in the state of Kerala on Hybrid Annuity Mode under Bharatmala Pariyojana of NHAI.
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The team was involved in drafting, reviewing, negotiating, advising on legal issues/queries relating to the facility, finalization and execution of the financing and security documents.
The transaction team was led by Partner, Purvi Dabbiru, and comprised of Associates – Samarth Sharma, Pragya Verma and Shantanu Awasthi.
