M&A Updates
Date
Title
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September 20, 2024
Receipt of Letter of Award from NHAI for a road project in the state of Telangana
January 24, 2024
Completion of acquisition of (i) 56.8% of equity share capital in M/s. Gujarat Road and Infrastructure Company Limited; and (ii) 99.99% of equity share capital in M/s. Swarna Tollway Private Limited
November 21, 2023
Intimation of acquisition of project SPVs by Highways Infrastructure Trust w.e.f. November 21, 2023.
August 31, 2023
Addendum to intimation dated August 30, 2023 in connection with the execution of definitive documents for acquisition of shares of Bangalore Elevated Tollway Private Limited, a Build-Operate-Transfer (BOT) Toll Road project.
August 30, 2023
Execution of definitive documents for acquisition of shares of Bangalore Elevated Tollway Private Limited, a Build-Operate-Transfer (BOT) Toll Road project
July 28, 2023
Execution of definitive documents for acquisition of (i) up to 83.61% of equity share capital in M/s. Gujarat Road and Infrastructure Company Limited; and (ii) 100% of equity share capital in M/s. Swarna Tollway Private Limited.
May 3, 2023
Execution of definitive documents for acquisition of hybrid annuity road projects owned by H.G. Infra Engineering Limited
March 30, 2023
Execution of definitive documents for acquisition of a road project owned by Navayuga Road Projects Private Limited (NRPL) and Navayuga Engineering Company Limited (NECL)