KPIL divests Vindhyachal Expressway to Actis, deal worth Rs 775 Cr
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KPIL has completed the sale of its entire 100 percent stake in road asset Vindhyachal Expressway Private Limited (VEPL) to Actis Atlantic Holdings Limited on 16th January 2026. VEPL contributed about Rs 85 Cr in revenue (0.43 percent of consolidated) and Rs 144.55 Cr in net worth. The enterprise value is about Rs 775 Crores subject to closing adjustments. The deal was first signed in October 2024.
VEPL ceases to be KPIL subsidiary. Inflow of about Rs 775 Cr can boost balance sheet and support core EPC growth.