Capital Infra Trust Unitholders Approve Acquisitions and Fund Raising

Capital Infra Trust announced that its unitholders have approved key resolutions via postal ballot, including the acquisition of 100% equity in six highway SPVs: Gawar Bhiwani Highway Private Limited, Gawar Kangra Highways Private Limited, Gawar Pathankot Mandi Highway Private Limited, Gawar Udaipur Highway Private Limited, Gawar Waranga Highways Private Limited, and Gawar Rudrapur Highway Private Limited. Unitholders also approved granting authority to borrow and create charges on assets, as well as fund raising through institutional placement or debt. Additionally, the issuance of units on a preferential basis to Gawar Construction Limited for up to ₹1,24,99,92,800 was approved. The resolutions passed with the requisite majorities, as confirmed by the scrutinizer's report.