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PNC Infratech completes stake sale in 10 road assets
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PNC Infratech completes stake sale in 10 road assets
New Delhi, May 23 (PTI) PNC Infratech on Friday said it has completed the stake sale in 10 of the company’s road assets to Highways Infrastructure Trust (HIT).Highways Infrastructure Trust (HIT) is an Infrastructure Investment Trust (InvIT), whose sponsor is affiliated with funds, vehicles.According to the company's statement, sold projects include -- PNC Rajasthan Highways Pvt Ltd, PNC Chitradurga Highways Pvt Ltd, PNC Aligarh Highways Pvt Ltd,…
PNC Infratech Ltd Completes Sale of Equity Stake in 10 of Company’s Road Assets
New Delhi, May 22, 2025: PNC Infratech Limited (the Company), along with its wholly-owned subsidiary, PNC Infra Holdings Limited (PNC Infra), has completed the sale of equity stake in 10 of the Company’s road assets (projects/special purpose vehicles, or SPVs), as listed hereunder, to Highways Infrastructure Trust (HIT), an Infrastructure Investment Trust (InvIT) whose sponsor is affiliated with funds, vehicles and/or accounts managed and/or adv…
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