DK Business Network
Shardul Amarchand Mangaldas & Co (SAM) has advised ICICI Bank on a ₹509.34 crore loan transaction. The loan is designated for the development of the Ludhiana-Bathinda highway project in Punjab.
The legal team at SAM was led by Soummo Biswas and Dnyanraj Desai. They provided end-to-end advisory services, including drafting, negotiations, and regulatory compliance for the infrastructure loan.
The financing will significantly enhance transportation and connectivity in northern India. The Ludhiana-Bathinda corridor is a vital route for trade and regional mobility.
ICICI Bank’s involvement reflects growing private sector investment in national infrastructure. The bank continues to support large-scale public development initiatives through structured finance.
This deal also highlights the increasing role of top-tier law firms in infrastructure finance. SAM’s contribution reinforces its position as a leading advisor in complex financial transactions.
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