Anagram advises Actis on the acquisition of Calicut Expressway Private Limited (CEPL), a Hybrid Annuity Model (HAM) road asset in Kerala, from KMC Group

July 2, 2026

Anagram Partners advised Actis on the acquisition of an operational Hybrid Annuity Model (HAM) road asset in the state of Kerala from KMC Group.

Actis is a leading global investor in sustainable infrastructure, with a focus on energy, digital infrastructure, real estate, and long-life infrastructure assets across growth markets.

KMC Group is one of India’s established infrastructure developers and construction groups, with expertise in roads, highways, bridges, airports, urban infrastructure, and energy projects. Headquartered in Hyderabad, the group has delivered large-scale infrastructure projects across India for over four decades.

Anagram Partners acted as the legal advisor to Actis on this transaction. The team was led by our Partners, Simone Reis and Shwetank Chaubey and comprised Rishabh Chhabaria, and Rahil Arora.