JBM Ecolife Mobility Private Limited has secured a Rs.750 crore hybrid investment from Motilal Oswal Alternates through a combination of structured debt and equity-linked securities. Trilegal acted as legal counsel to JBM Auto Limited in connection with the transaction, supporting the investment and financing arrangement.
JBM Ecolife Mobility Private Limited has raised a hybrid investment of Rs.750 crore from Motilal Oswal Alternates, structured through a mix of structured debt and equity-linked securities.
Trilegal advised JBM Auto Limited on the transaction.
Trilegal’s advisory team
Corporate Team: Led by Vaibhav Kothari (Partner) and Tanya Nanda (Partner), with support from Mayank Jain (Senior Associate) and Parinishtha Ganz (Associate).
Debt Team: Led by Vidhi Sarin (Partner) and Vaibhav Kothari (Partner), comprising Nishtha Gupta (Counsel) and Kunal Tewari (Associate).
Projects Team: Led by Nayantara Nag (Partner), with Samykya Mukku (Senior Associate) as part of the team.
Due Diligence Team: Led by Nayantara Nag (Partner) and Ramakant Rai (Partner), supported by Ravin Kapur (Counsel), Samykya Mukku (Senior Associate), Anushka Manglani (Consultant), and Associates Saher Fatima, Navsirat Kaur, Tanishka Gupta, and Maahi Saxena.
Khaitan & Co advised Motilal Oswal Alternates in connection with the fundraise. The firm supported diligence across JBM group entities, as well as the drafting, review, negotiation, and finalization of transaction documents, alongside industry-focused input to facilitate successful deal closure.
The team included Dr Siddharth Srivastava (Partner), Prasenjit K Chakravarti (Partner), Nitish Goel (Partner), Rashneet Kaur (Counsel), Sanjana Bhatnagar (Counsel), Aparna Tripathi (Principal Associate), Christina Shaju (Principal Associate), Divya Kumar (Senior Associate), and Jigyasa Kinger (Associate).
For litigation-related aspects, Abhisaar Bairagi (Partner), Milind Sharma (Principal Associate), and Suhel Qureshi (Senior Associate) provided support.
JBM Ecolife Mobility is an electric bus platform operating more than 1,500 electric buses across 10 states and over 15 major airports, with an existing order book exceeding 6,500 buses.
The capital infusion is expected to strengthen the company’s ability to participate in large-scale electric bus tenders and to support execution of its existing contracts.