StockWatch
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Road Assets–Toll, Annuity, Hybrid-Annuity
Acquisitions27 Jul 2026, 07:10 pm

Anantam Highways Trust Unitholders Approve Key Acquisitions

AI Summary

Anantam Highways Trust's unitholders have approved 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, unitholders approved 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). The approval also covers the issuance of units on a preferential basis for a non-cash consideration. The resolutions were passed via postal ballot and remote e-voting, with the results confirmed by a scrutinizer's report dated July 27, 2026. The acquisitions are deemed to have been passed as of July 25, 2026.

Key Highlights

  • Unitholders approved acquisition of BEPL, DEPL, and KEPL.
  • Approval also granted for acquisition of PHL, BGHL, RVHL, and MHHL.
  • Issuance of units on preferential basis for non-cash consideration approved.
  • Resolutions passed via postal ballot and remote e-voting.
  • Acquisitions deemed approved as of July 25, 2026.