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Hot Pursuit
14-Jun-23
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IndInfravit Trust hits 52-week high as board OKs NCD issue of Rs 1,375 cr
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IndInfravit Trust jumped 4.17% to Rs 135.10 after its board approved the allotment of non-convertible debentures (NCDs) aggregating to Rs 1,375 crore on privateplacement basis.
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In an exchange filing, the trust stated, “pursuant to power delegated by the board of directors, the investment and finance committee of the LTIDPL IndvIT Services, investment manager of Indinfravit Trust, through circular resolution passed on 14 June 2023, approved the allotment of 1,37,500 senior, secured, listed, rated, redeemable and NCDs of a face value of Rs 1,00,000 each aggregating to Rs 1,375 crore on private placement basis.”
IndInfravit Trust is engaged in infrastructure assets primarily being in the road sector in India. All of the Trust's Road projects are implemented and held through special purpose vehicles.
The scrip hit a 52-week high of Rs 135.10 in today's intraday session.
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Previous News |
IndInfravit Trust fixes record date for distribution
(
Market Beat
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Reports
21-May-21
10:45
)
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IndInfravit Trust to discuss results
(
Corporate News
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01-Nov-23
16:24
)
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IndInfravit Trust allots NCDs aggregating Rs 850 cr
(
Corporate News
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27-May-21
19:54
)
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IndInfravit Trust announces change in CEO
(
Corporate News
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15-Jan-21
15:48
)
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IndInfravit Trust fixes record date for distribution
(
Market Beat
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Reports
24-Nov-20
19:14
)
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Outcome of board meeting of LTIDPL IndvIT Services
(
Corporate News
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24-Nov-20
19:12
)
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IndInfravit Trust to hold board meeting
(
Corporate News
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30-Jan-19
10:54
)
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IndInfravit Trust fixes record date for distribution
(
Market Beat
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Reports
22-Jul-21
16:49
)
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IndInfravit Trust to consider dividend
(
Corporate News
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12-Sep-23
09:28
)
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IndInfravit Trust announces cessation of nominee director
(
Corporate News
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07-May-21
13:22
)
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Outcome of board meeting of LTIDPL IndvIT Services
(
Corporate News
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25-Mar-21
12:44
)
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