Capital Infra Trust allots 1.66 crore units to sponsor at Rs 75.25

Fund Raising View source PDF Explain this filing

Price reaction

Awaiting price reaction for this filing.

AI summary

Capital Infra Trust's Investment Manager approved allotment of 1,66,11,200 units at Rs 75.25 each on a preferential basis to its sponsor Gawar Construction Limited, aggregating about Rs 125 crore. Allotted units rank pari-passu with existing units and are subject to applicable lock-in under SEBI InvIT Regulations.

Likely market impact

Reflects sponsor's continued commitment to the Trust; adds 1.66 crore units, a modest dilution for existing unitholders.