Loan & Debt18 Sept 2026, 01:20 pm
Capital Infra Trust Approves ₹125 Cr Loan for Target SPVs
AI Summary
Capital Infra Trust, through its Investment Manager Gawar Investment Manager Private Limited, has announced the approval of utilizing proceeds from a preferential issue. A significant portion, ₹1,24,99,92,800, will be used for providing shareholder loans and other financial assistance to Target SPVs for debt repayment. The Trust also approved amendments to the Project Management Agreement, restricting termination rights post the initial validity period. These decisions were approved by Unitholders via postal ballot and subsequently by the Board of Directors through circular resolutions.
Key Highlights
- ₹125 Cr approved for SPV debt repayment via preferential issue proceeds.
- Project Management Agreement termination clause amended.
- Unitholder and Board approvals secured for the decisions.
- Focus on financial assistance to Target SPVs for debt reduction.
Price Impact
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