Vertis Trust approves INR 725 cr CP issuance
Vertis Infrastructure Trust's Finance Standing Committee met on May 20, 2026, approving the issuance of 14,500 unsecured, listed, rated commercial papers worth INR 725 crores and availing credit facilities of INR 750 crores via Long-Term Rupee Term Loan. The approvals are subject to regulatory compliance under SEBI InvIT and LODR Regulations.
*this image is generated using AI for illustrative purposes only.
Vertis Infrastructure Trust (formerly known as Highways Infrastructure Trust) has announced the outcome of its Finance Standing Committee meeting held on Wednesday, May 20, 2026. The committee approved the raising of funds through the issuance of commercial papers and the availing of credit facilities.
Fundraising Approvals
The Finance Standing Committee (FSC) of Vertis Fund Advisors Private Limited, acting as the Investment Manager, approved the following proposals:
| Parameter | Details |
|---|---|
| Instrument Type | Unsecured, Listed, Rated Commercial Papers |
| Aggregate Amount | INR 725 crores |
| Credit Facility | Long-Term Rupee Term Loan up to INR 750 crores |
| Meeting Date | Wednesday, May 20, 2026 |
The issuance involves 14,500 commercial papers with a face value of INR 5,00,000 each. Additionally, the Trust secured approval for credit facilities amounting to INR 750 crores via Long-Term Rupee Term Loan.
Regulatory Compliance
The intimation was submitted in compliance with the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 (SEBI InvIT Regulations) and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR). The Trust holds SEBI Registration Number IN/InvIT/21-22/0019.
Key Stakeholders
The communication was addressed to the National Stock Exchange of India Limited and BSE Limited, copying key stakeholders including Axis Trustee Services Limited as Unit Trustee, Catalyst Trusteeship Limited as Debenture Trustee, and ICICI Bank Limited as Issuing & Paying Agent. The information was signed by Pratik Desai, Company Secretary & Compliance Officer, and has been uploaded on the Trust's website at www.vertis.co.in .
How will Vertis Infrastructure Trust deploy the combined INR 1,475 crores raised through commercial papers and term loans, and which highway projects are likely to be prioritized for expansion or acquisition?
What impact will this significant debt raise have on Vertis Infrastructure Trust's distribution per unit (DPU) for unitholders, given the increased interest obligations?
Following the rebranding from Highways Infrastructure Trust to Vertis Infrastructure Trust, are there plans to diversify beyond highway assets into other infrastructure segments such as renewable energy or urban infrastructure?
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
