HomeLaw firmsDeals and TransactionsSaraf and Partners Advises JSW Infrastructure on Acquisition of over 70% Stake...

Law firms Deals and Transactions

Saraf and Partners Advises JSW Infrastructure on Acquisition of over 70% Stake in Navkar Corporation

June 30, 2024

Saraf and Partners provided legal counsel to JSW Infrastructure Limited on its acquisition of over 70% stake in Navkar Corporation Limited, facilitated through its wholly-owned subsidiary, JSW Port Logistics Private Limited.

The transaction was overseen by Saraf and Partners, led by Senior Partner Bikash Jhawar and Partner Vivek Pareek.

JSW Infrastructure Limited, a prominent entity within the JSW Group and India’s second-largest private commercial port operator, strategically entered the logistics and cargo transit service industry with this acquisition. The move aims to enhance port connectivity and optimize supply chain solutions for improved last-mile connectivity.

Both JSW Infrastructure Limited and Navkar Corporation Limited are publicly listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).

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