JSA represents JSW Cement Limited in the 100% acquisition of Springway Mining from India Cements Limited.
Springway Mining Private Limited owns limestone-bearing land in Madhya Pradesh and this acquisition provides JSW Cement Limited access to substantial limestone reserves pursuant to a mining lease.
JSW Cement will be investing about INR 3,200 crore to set up two greenfield cement manufacturing facilities in central India.
This deal was signed and closed in a record time and the JSA team worked round the clock to provide end to end assistance to JSW in the matter.
JSA Transaction Team Comprised Partner – Upendra Nath Sharma, Partner – Kartik Jain, Senior Associate – Debottam Chattopadhyay, Associate – Sidharth Mehndroo, Associate – Ksanjana Chana, and Company Secretary – Alisha Chawla.
JSA Mining Laws Team Comprised Partner – Vishnu Sudarsan, Partner – Kartikeya GS, Junior Associate – Aditya Goyal.
JSA Real Estate Team Comprised Partner – Bharat Bhushan Sharma and Senior Associate – Mohit Aggarwal.
JSA Tax Team Comprised Partner & Head of Practice (Direct Tax) – Kumarmanglam Vijay and Senior Associate – Divyam Mittal.
JSA Competition Team Comprised Partner & Head of Practice (Competition Law) – Vaibhav Choukse and Senior Associate – Nripi Jolly.
Bharat Bhushan Sharma is a Partner at JSA with over 18 years of experience in real estate and corporate advisory matters. He advises leading domestic and international clients on land acquisitions, title due diligence, leasing, township development, infrastructure projects, and complex real estate transactions across India. Bharat also played a key role in advising the Government of India on the formulation of the Real Estate (Regulation and Development) Act, 2016 (RERA).
Kartik’s key focus area is Mergers & Acquisitions as well Private Equity transactions. He has assisted clients from the inception of the acquisition, contributed during negotiations and helped in completion of the transaction.
Kartikeya specializes in projects, regulatory and policy related work in the infrastructure sector.
Kumarmanglam is an equity partner of the firm and also heads the direct tax and regulatory practice at JSA. He has more than 25 years of experience in matters relating to direct taxation (including international taxation, transfer pricing, litigation, anti-avoidance laws, and M&A tax), accounting, and corporate laws including mergers and acquisition, joint ventures, foreign investments, market entry strategy, and corporate restructuring.
Upendra’s practice primarily covers mergers, acquisitions, joint ventures, private equity, restructuring, corporate commercial, and anti-corruption matters.
Vaibhav is a Partner with 16+ years of experience in Competition Law, specializing in complex litigation and merger control. He advises clients on cartel investigations, abuse of dominance, and represents them before the CCI and appellate courts. He is consistently recognized by leading legal publications for his expertise.
Vishnu’s practice covers diverse areas of Corporate Commercial and Regulatory & Policy. He focuses on advising clients across different verticals viz, Energy (Power), Communications (Telecommunications & Broadcasting), Transport (Surface Transport including Railways & Metro systems), and Urban Infrastructure.