Amarchand & Mangaldas & Suresh A. Shroff Co., advised Heidelberg Cement India Limited in formulation of the transaction structure and the drafting and negotiation of the transaction documents, including a Business Transfer Agreement (BTA). The firm is also involved in advising the client from a Competition Law perspective and assisting them with the CCI filing.

The transaction pertains to sale of the cement grinding facility of HeidelbergCement India Limited (HCIL) in Raigad, Maharashtra, to JSW Steel Limited (JSW Steel), as a going concern on slump sale basis.

AMSS team comprised of Kalpataru Tripathy, Partner, Promode Murugavelu, Principal Associate, Navin Kumar, Associate, Medha Kumar, Associate and Shreya Munoth, Associate Advice on Competition Law implications of the transaction was provided by Shweta Shroff Chopra, Partner and Rohan Arora, Associate

Deal Value is of INR 1660,000,000