
Capital Infra Trust Board Approves Indemnity Claims & ROFO Notice
Capital Infra Trust's Investment Manager, Gawar Investment Manager Private Limited, held a board meeting on June 29, 2026. The board approved raising indemnity claims totaling over ₹10.20 crore from Gawar Construction Limited (Sponsor) for shortfall in GST annuity change-in-law claims across three Project SPVs: Hardiya Hasanpur Highway, Dewas Ujjain Highway, and Gawar Narnaul Highway. Additionally, the board noted receipt of a Right of First Offer (ROFO) Notice from the Sponsor for six Project SPVs and authorized the evaluation of this opportunity. Mr. S. Sundararaman was proposed as the Trust's Valuer for FY2026-27, pending unitholder approval. The meeting commenced at 5:45 PM and concluded at 6:05 PM.
Key Highlights
- Indemnity claims of ₹10.20 crore approved for GST annuity change-in-law shortfall.
- ROFO notice received for six Project SPVs; opportunity evaluation authorized.
- Proposed appointment of Mr. S. Sundararaman as Trust Valuer for FY2026-27.
- Board meeting focused on financial claims and strategic opportunities.
Price Impact
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