New Delhi, India, June 28, 2024: Saraf and Partners advised JSW Infrastructure Limited on the acquisition of over 70% stake in Navkar Corporation Limited, through its wholly-owned subsidiary, JSW Port Logistics Private Limited. JSW Infrastructure Limited, a part of the JSW Group, is India’s second-largest private commercial port operator.

The acquisition signifies JSW Infrastructure’s strategic entry into the logistics and cargo transit service industry thereby enhancing its ability to offer improved port connectivity and streamlined supply chain solutions for last-mile connectivity

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

Saraf and Partners team was led by Senior Partner, Bikash Jhawar and Partner, Vivek Pareek.