Larsen & Toubro Ltd has acquired 5.6 million units in Capital Infra Trust at ₹69.50 apiece through a bulk deal. The purchase strengthens L&T’s infrastructure investment portfolio, reflecting confidence in India’s infra growth story and reinforcing its long-term strategy of expanding exposure to yield-generating infrastructure assets.
Larsen & Toubro Ltd (L&T), India’s leading engineering and infrastructure conglomerate, has executed a significant bulk deal, purchasing 5.6 million units in Capital Infra Trust at ₹69.50 each. The acquisition highlights L&T’s strategic focus on infrastructure-backed investment vehicles that provide stable returns and long-term growth opportunities.
Capital Infra Trust, an infrastructure investment trust (InvIT), plays a crucial role in channeling capital into India’s expanding infrastructure sector. L&T’s move signals confidence in the trust’s potential to deliver consistent yields while aligning with the government’s push for infrastructure-led economic growth.
Key Highlights
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Bulk Deal: L&T acquired 5.6 million units in Capital Infra Trust.
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Price Point: Transaction executed at ₹69.50 per unit.
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Strategic Intent: Strengthens L&T’s infra investment portfolio.
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Market Impact: Reflects growing investor interest in InvITs.
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Sector Context: Supports India’s infrastructure expansion and capital mobilization.
This acquisition underscores L&T’s proactive approach to leveraging infrastructure investment trusts as part of its broader growth and diversification strategy.
Sources: Economic Times, Business Standard, Mint