Summary
- Shardul Amarchand Mangaldas & Co has advised Kotak Special Situations Fund and Gayatri Highways Limited on the complete divestment of their interest in HKR Roadways Limited.
- The transaction involves the sale of HKR Roadways to Cube Highways and Infrastructure V Pte Limited.
- This advisory marks a significant move in the infrastructure sector, showcasing strategic investment shifts.
- The implications of this divestment could reshape competitive dynamics in highway management and operations in India.
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