
Acquisitions6 Mar 2026, 12:37 pm
Indus Infra Trust Receives Unitholders' Approval for Asset Acquisition and Borrowing Limit Increase
AI Summary
Indus Infra Trust has received approval from its unitholders for the acquisition of assets from G R Infraprojects Limited, a related party, and an increase in its aggregate consolidated borrowings limit. The approval was given during a postal ballot, where the scrutinizer submitted a report on March 6, 2026. The resolutions were approved by the unitholders with the requisite majority and are deemed to have been passed on March 5, 2026, the last day of voting.
Key Highlights
- Indus Infra Trust receives approval for asset acquisition from a related party.
- Unitholders approve the increase in Indus Infra Trust's aggregate consolidated borrowings limit.
- The approval was given during a postal ballot with a majority vote.
- The scrutinizer's report was submitted on March 6, 2026.
- The resolutions were deemed to have been passed on March 5, 2026.