StockWatch
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Road Assets–Toll, Annuity, Hybrid-Annuity
Acquisitions3 Jul 2026, 10:50 pm

Anantam Highways Trust Seeks Unitholder Approval for Acquisitions and Unit Issuance

AI Summary

Anantam Highways Trust, through its Investment Manager Alpha Alternatives Fund-Infra Advisors Private Limited, has initiated a postal ballot process seeking unitholder approval for significant corporate actions. The resolutions include the proposed acquisition of three entities: Bethamangala Expressway Private Limited (BEPL), DAK Package I Expressway Private Limited (DEPL), and Katra Expressway Private Limited (KEPL). Additionally, approval is sought for the acquisition of Poondiyankuppam Highways Limited (PHL), Bangarupalem Gudipala Highways Limited (BGHL), Raipur-Visakhapatnam-CG-2 Highways Limited (RVHL), and Mehgama Hansdiha Highways Limited (MHHL). Furthermore, the Trust is seeking approval for the issuance of units on a preferential basis for a non-cash consideration. The e-voting period commenced on July 4, 2026, and will conclude on July 25, 2026, with a cut-off date of June 26, 2026, for eligible unitholders. NSDL is facilitating the remote e-voting process.

Key Highlights

  • Trust seeks unitholder approval for multiple acquisitions.
  • Proposed acquisitions include BEPL, DEPL, KEPL, PHL, BGHL, RVHL, and MHHL.
  • Approval also sought for preferential unit issuance for non-cash consideration.
  • Remote e-voting process managed by NSDL is underway.
  • Cut-off date for eligible unitholders was June 26, 2026.