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PNC Infratech announces divestment of equity stake in 12 road assets for enterprise value of Rs 9,000 crore

The enterprise value of the transaction is Rs 9,005.7 crore together with the earn outs and is subject to any adjustments as stipulated in the definitive agreements translating to an equity value of Rs 2,902 crore (including cash) on invested equity of Rs 1,740 crore. ....

Madhya Pradesh , Uttar Pradesh , Yogesh Jain , Infrastructure Trust , Infratech Ltd , Pnc Infratech Ltd , Co Inc , Infrastructure Investment Trust Inv , Infra Holdings Ltd , Holdings Ltd , Highways Infrastructure Trust , Infrastructure Investment Trust , Hybrid Annuity , Ltd Managing Director Yogesh Jain ,

PNC Infratech announces divestment of equity stake in 12 road assets for enterprise value of Rs 9,000 crore

PNC Infratech Ltd and PNC Infra Holdings Ltd (PNC Infra), a wholly-owned subsidiary of PNC Infratech Ltd, have executed definitive agreements with Highways Infrastructure Trust (HIT), an Infrastructure Investment Trust (InvIT) whose sponsor is . ....

Uttar Pradesh , New Delhi , Madhya Pradesh , Yogesh Jain , Infra Holdings Ltd , Infrastructure Trust , Co Inc , Infratech Ltd , Infrastructure Investment Trust Inv , Holdings Ltd , Highways Infrastructure Trust , Infrastructure Investment Trust , Hybrid Annuity , Ltd Managing Director Yogesh Jain ,