TT&A advised Asian Development Bank (“ADB”) for funding to Shriram Finance Limited by way of an ECB for purchase of lower emission commercial vehicles by MSMEs in the transport and logistic sector

December 2022, Banking and Finance

TT&A advised Asian Development Bank (“ADB”) for funding to Shriram Finance Limited by way of an ECB for purchase of lower emission commercial vehicles by MSMEs in the transport and logistic sector

TT&A acted as the Indian counsel to Asian Development Bank (“ADB”) where ADB has extended a loan of USD 100,000,000 to Shriram Finance Limited (formerly known as Shriram Transport Finance Company Limited) (“Shriram”) by way of an external commercial borrowing for funding Shriram’s operations to finance purchase of lower emission commercial vehicles by micro, small and medium-sized enterprises (MSMEs) in the transport and logistic sector.

TT&A Team: Gautam Saha & Ambarish Mohanty – Partners; Pooja Menon – Managing Associates and Shambhavi Singh and Farhan Umar – Associates

Previous PostTT&A advised Asian Development Bank (“ADB”) in relation to its partnership with IndusInd Bank to establish a partial guarantee program to support the MSME’s in IndiaNext PostTT&A advised Mr. Sam Balsara and Ms. Lara Balsara Vajifdar in relation to the 26% stake held by them in Mediacom Communications Private Limited

TT&A advised Asian Development Bank (“ADB”) for funding to Shriram Finance Limited by way of an ECB for purchase of lower emission commercial vehicles by MSMEs in the transport and logistic sector

Gautam Saha

Ambarish Mohanty

Practice Areas

Disclaimer