Shardul Amarchand Mangaldas Advises Emami Cement on 30 Year Agreement with Nuvoco to Facilitate Goods Transfer in Chhattisgarh

Shardul Amarchand Mangaldas advised Emami Cement Limited in relation a 30 year agreement with Nuvoco Vistas Corporation Limited (formerly known as Lafarge India Limited) in relation to usage of its of railway sliding in Chhattisgarh, on a license basis. The agreement would enable Emami Cement to transport goods and material to and from its cement manufacturing plant in Chhattisgarh.

The General Corporate Practice of Shardul Amarchand Mangaldas reviewed, negotiated and finalised the draft of the railway siding agreement and provided related advice on the agreement. The team was led by Ms. Sakshi Mehra, Partner; and included Mr. Shiladitya Banerjee, Senior Associate; and Ms. Smita Tejaswee, Associate.

The parties involved in the transaction were Emami Cement Limited (Our Client) and Nuvoco Vistas Corporation Limited (Counter Party)

Other advisors to the transaction were Khaitan & Co. (advised Nuvoco)

The value of the deal was INR 800,000,000 (Rupees Eighty Crore)

The deal was signed on August 9, 2017.

About Shardul Amarchand Mangaldas & Co.

Shardul Amarchand Mangaldas & Co. (SAM & Co.), founded on almost a century of legal achievement, is one of India’s leading full-service law firms. The firm’s mission is to enable business by providing solutions as trusted advisers through excellence, responsiveness, innovation and collaboration. SAM & Co. is known globally for its exceptional practices in mergers & acquisitions, private equity, competition law, insolvency & bankruptcy, dispute resolution, capital markets, banking & finance and projects & infrastructure.

The Firm has a pan-India presence and has been at the helm of major headline transactions and litigations in all sectors, besides advising major multinational corporates on their entry into the Indian market and their business strategy. Currently, the Firm has over 520 lawyers, including 102 Partners, offering legal services through its offices at New Delhi, Mumbai, Gurugram, Ahmedabad, Kolkata, Bengaluru and Chennai.