Capital InfraTrust secures approval for ₹4,000 crore issue
pre-market1 source ↓written by the desknot a recommendation
- preferential issue
- ₹4,000 crore
Capital InfraTrust has received unitholder approval for a ₹4,000 crore preferential issue and the acquisition of highway assets. This includes 100% equity in three highway companies, enhancing its asset portfolio and fundraising capabilities. The approval is a significant move for the trust's expansion plans, potentially boosting investor confidence.
Not investment advice. For informational purposes only.