Capital Infra Trust to Acquire 6 Highway SPVs for ₹29,214 Million

Capital Infra Trust's Investment Manager, Gawar Investment Manager Private Limited, held a board meeting approving the acquisition of 100% equity share capital in six highway special purpose vehicles (SPVs) from its Sponsor, Gawar Construction Limited. The total adjusted enterprise value for these SPVs is ₹29,214 million. The Trust also plans to raise capital up to ₹26,750 million through various means, including unit issuance and debt. Additionally, the Trust will issue up to 1,66,11,200 units to the Sponsor at ₹75.25 per unit. Key management changes include the appointment of Akhil Banthiya as CFO and Amit Kumar's move to CIO.