StockWatch
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Road Assets–Toll, Annuity, Hybrid-Annuity
Clarification13 Aug 2026, 10:40 pm

Citius TransNet: No Deviation in Use of ₹11,050 Million Public Issue Proceeds

AI Summary

Citius TransNet Investment Trust has confirmed to the Exchange that there have been no deviations or variations in the utilization of funds raised through its public issue. The company raised INR 11,050 million in April 2026. As of June 30, 2026, INR 10,000 million was utilized for the acquisition of securities in SRPL and identified Project SPVs (TEL, JSEL, Dhola, and Dibang). Expenses related to the issue amounted to INR 310.66 million, and general purposes utilized INR 228.75 million, with INR 510.59 million remaining unutilized. The disclosure is in line with SEBI Master Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102.

Key Highlights

  • No deviation in use of proceeds from public issue objectives.
  • INR 11,050 million raised in April 2026 public issue.
  • Majority of funds used for securities acquisition.
  • INR 510.59 million unutilized as of June 30, 2026.