Cyril Amarchand Mangaldas and White & Case have advised Adani Enterprises on its $392 million agreement to acquire Macquarie Asia Infrastructure Fund's India toll roads in the states of Andhra Pradesh and Gujarat, with Shardul Amarchand Mangaldas and Allen & Overy representing the sellers.

The transaction is expected to close in September, subject to regulatory approvals and customary conditions.

The CAM team was led by partner Ajay Sawhney, who was supported by partners Paridhi Adani and Aditi Misra, while the White & Case team was led by partners David Lewis in London and Sayak Maity in Singapore.