Feb 10, 2025

Cube Highways Trust in acquisition of QEP Pvt Ltd. and AJUH Ltd. from NIIF

AZB & Partners advised Cube Highways Trust in acquisition of Quazigund Expressway Private Limited and Athaang Jammu Udhampur Highway Limited from National Investment and Infrastructure Fund (NIIF) in Jammu and Kashmir, and also advised Cube Highways Infrastructure V Pte. Ltd. in acquisition of Athaang Devanahalli Tollway Private Limited from NIIF.

Our AZB team comprised our Senior Partner Atreya Bhattacharya, Partner Aditya Periwal, Senior Associates Vyjyanthi Raghu and Pranav Tolani, Associates Pavneeka Parashar and Prashant Munshi on the documentation, with support from Associates Yash Chhadva, Tansa Shah, Shubhalakshmi Bhattacharya, Aditya Bamb and Mayur Kulkarni on the due diligence aspects. They were supported by Partner Janhavi Seksaria and Senior Associate Mrudul Desai on disclosure requirements for the Cube INVIT, and by Partners Bharat Budholia and Kirthi Srinivas, Senior Associate Varun Thakur, Associates Rishabh Jain and Khushi Agarwal on the competition law aspects, along with Partner Priyanka Shetty on the dispute resolution aspects. Special thanks to our Senior Partner Ashwath Rau for his guidance on key regulatory aspects.

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