Capital Infra Trust has approved the opening of an institutional placement of units with a floor price of ₹77.07 per unit. The decision was taken by the Investment Manager on October 13, 2026, following SEBI guidelines.

The Investment Manager, Gawar Investment Manager Private Limited, may offer a discount of not more than 5.00% on the floor price. This allowance is based on unitholder approval via postal ballot on September 9, 2026. The final issue price will be determined by the Investment Manager in consultation with lead managers.

Pricing and regulatory framework

The floor price was calculated using the pricing formula prescribed under the SEBI Infrastructure Investment Trusts Regulations, 2014. The relevant date for determining this price was fixed as October 13, 2026. The committee adopted the preliminary placement document and application forms to invite bids from eligible investors.

Meeting details

The InvIT Committee meeting commenced at 7:10 pm and concluded at 7:25 pm. The committee considered and approved the authorization of the issue, the floor price, and the distribution of serially numbered application forms. These documents will be sent to eligible investors to facilitate subscription of units pursuant to the issue.

Capital Infra Trust has executed Share Purchase Agreements (SPAs) to fully acquire 100% shareholding in six highway special purpose vehicles (SPVs). The agreements were signed on October 12, 2026.

Acquisition agreements across six highway SPVs

The transactions involve the acquisition of shares held by Gawar Construction Limited and its nominee shareholders. The seller is also the Sponsor of the Trust. The Investment Manager of the Trust is Gawar Investment Manager Private Limited, while Axis Trustee Services Limited acts as the Trustee.

The six SPVs covered under the agreements are listed below:

The move involves full acquisition of each of these highway SPVs, consolidating ownership across all six projects under Capital Infra Trust. In addition to the primary SPAs, the Trust has executed ancillary agreements in connection with the proposed acquisition.

Regulatory compliance and timeline

This development follows the Postal Ballot Outcome dated September 9, 2026. The execution of these agreements is pursuant to Regulation 23 of the SEBI (Infrastructure Investment Trusts) Regulations, 2014. The information has been intimated to both the National Stock Exchange of India Limited and BSE Limited.