BSECapital Infra TrusMediumNeutral
Announced Fri, 30 Jan · 18:40 IST

Capital Infra Trus has informed the Exchange regarding Disclosure of material issue

New Credit FacilityCredit & Debt View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Gawar Investment Manager (acting as Investment Manager to Capital Infra Trust) approved availing an additional term loan of up to Rs. 667.36 crores from Union Bank of India through a circular resolution dated January 30, 2026. The loan is intended solely for the redemption of the Trust's Non-Convertible Debentures – Series II. This is on top of an earlier approved term loan of up to Rs. 482.64 crores for refinancing of ROFO Assets (approved on January 28, 2026), taking the total sanctioned borrowing envelope to Rs. 1,150 crores. The filing is made under SEBI InvIT Regulation 23(6)(b) to disclose this additional borrowing to the exchanges. Overall, the action is a refinancing exercise, not fresh expansion of debt.

Likely market impact

Neutral for unitholders — the new facility replaces existing NCD debt with bank borrowing at likely better terms, with no net increase in leverage. Short-term impact on unit price is unlikely; it signals orderly liability management by the InvIT.