BSECapital Infra TrusMediumNeutral
Announced Thu, 29 Jan · 16:11 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

Capital Infra Trust (InvIT), through its Investment Manager Gawar Investment Manager Pvt. Ltd., has approved additional borrowings to refinance existing debt of three road assets (Hasanpur Bakhtiyarpur Highway, JRR Highways, and Korba Highway) that were acquired on December 23, 2025. The borrowings include a rupee term loan of up to Rs. 617.03 Crores from HDFC Bank and another rupee term loan of up to Rs. 482.64 Crores from Union Bank of India, totaling about Rs. 1,099.67 Crores. The approval was given via a circular resolution on January 28, 2026, following unitholder approval obtained on October 31, 2025 through a postal ballot.

Likely market impact

Existing debt of the recently acquired road assets will be replaced with fresh term loans from HDFC Bank and Union Bank of India, which could ease near-term repayment pressure but increases the InvIT's overall debt levels. The terms of the new loans (interest rate, tenure) will determine the actual impact on distributions to unitholders.