BSECapital Infra TrusHighNeutral
Announced Mon, 29 Jun · 19:51 IST
Board approves indemnity claims from sponsor, receives ROFO for 6 SPVs
Fund Raising View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Capital Infra Trust's Board approved indemnity claims of about Rs. 7.28 crore, Rs. 48.79 lakh and Rs. 2.64 crore from sponsor Gawar Construction for GST on annuity shortfalls across three project SPVs. It also received a Right of First Offer notice from GCL for six project SPVs and authorised due diligence, advisors and possible capital raise. S. Sundararaman was appointed as Valuer for FY26-27.
Likely market impact
Sponsor compensating trust for shortfalls is positive for unitholders. ROFO for 6 SPVs could expand portfolio but adds acquisition and funding risk.