Shardul Amarchand Mangaldas Advises Tata Capital on ₹540 Cr Financing to Jayaswal Neco

Transaction Overview

Shardul Amarchand Mangaldas acted as legal counsel to Tata Capital on the structuring and sanction of a ₹540 crore credit facility to steel and iron manufacturer Jayaswal Neco Industries. The financing mandate was tailored to support long-term capital expenditure, refinance existing high-cost obligations, and strengthen working capital lines. SAM advised on complex security creation over industrial assets, drafted credit and intercreditor instruments, and supervised closing mechanisms.