Capital Infra Trus has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Capital Infra Trust (InvIT) has executed a Share Purchase Agreement on December 15, 2025 to acquire 100% shareholding in three road project Special Purpose Vehicles (SPVs) from its Sponsor, Gawar Construction Limited. The three SPVs are Hasanpur Bakhtiyarpur Highway Pvt Ltd (Bihar road project), JRR Highways Pvt Ltd (Jodhpur Ring Road project in Rajasthan), and Korba Highway Pvt Ltd (Chhattisgarh road project), all operating under the HAM (Hybrid Annuity Mode) model. The total acquisition cost is approximately ₹4,383.8 million (₹214.77 crore + ₹152.80 crore + ₹70.81 crore), paid in cash. The transaction is a related-party transaction structured at arm's length, and NHAI approvals have been received. Completion is expected within 7 working days after final listing and trading approval for the Trust's Institutional Placement.
This acquisition expands the InvIT's portfolio of road assets, in line with its strategy of building stable road infrastructure assets for long-term unitholder returns. The investment of ~₹438 crore will be funded via the ongoing Institutional Placement, meaning existing unitholders may see some dilution, but the acquired SPVs should contribute to future cash flows and distributable income once operational.