Board Meeting8 May 2026, 07:11 pm
Indus Infra Trust to Consider Raising Funds via Multiple Methods
AI Summary
Indus Infra Trust announced that the Board of Directors of its Investment Manager, GR Highways Investment Manager Private Limited, will consider raising funds through various methods. This includes issuing unsecured, listed, rated Commercial Papers up to ₹1,000 Crore via private placement, as well as exploring options like private placement, preferential issue, rights issue, or institutional placement to Sponsor and/or non-Sponsor investors, subject to regulatory approvals.
Key Highlights
- Indus Infra Trust to consider raising up to ₹1,000 Crore via commercial papers.
- Fundraising will be through private placement of unsecured, listed, rated commercial papers.
- Board to consider raising funds via units, securities, or other instruments.
- Fundraising methods include private placement, rights issue, and institutional placement.
- Fundraising is subject to applicable laws and regulatory approvals.