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PNC Infratech Completes Stake Transfer in Ten SPVs to Highways Infrastructure Trust

Updated: May 22, 2025 15:23

Image Source : Business Standard
PNC Infratech Ltd has successfully transferred its entire stake in ten special purpose vehicles (SPVs) to Highways Infrastructure Trust, marking a significant step in its asset monetization strategy. The transaction is part of a broader effort to streamline operations and optimize financial resources.  
 
Key Developments in the Stake Transfer  
  • Transaction Completion: The transfer of equity shareholding in ten SPVs has been finalized, making them part of Highways Infrastructure Trust’s portfolio.  
  • Strategic Asset Monetization: The move aligns with PNC Infratech’s long-term strategy to recycle capital and focus on new infrastructure projects.  
  • Regulatory Approvals: The transaction was completed following necessary approvals from unitholders and regulatory bodies.  
Impact on Infrastructure and Market Position  
  • Strengthened Portfolio: Highways Infrastructure Trust has expanded its asset base with the addition of these SPVs, reinforcing its presence in the infrastructure sector.  
  • Operational Efficiency: PNC Infratech’s divestment allows it to allocate resources more effectively toward upcoming projects.  
  • Investor Confidence: The successful execution of the stake transfer enhances market confidence in PNC Infratech’s financial strategy.  
Future Outlook  
With the completion of this transaction, PNC Infratech is expected to focus on new infrastructure developments while Highways Infrastructure Trust strengthens its investment portfolio. The deal underscores the growing trend of asset recycling in India’s infrastructure sector.  
 
Source: Highways Infrastructure Trust corporate filings, PNC Infratech announcements, Economic Times.

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