Capital Infrastructure Trust raises Rs 2,363 through debt securities

The entity allocated 1,20,000 protected, listed, redemptive, non-convertible debt securities through privately owned placements.

“The funds raised through this issue will optimize interest rates by refinancing the existing loans and debt certificates of Project SPV. NCD has been fully subscribed by new lenders, namely India Infra Finance Company Limited and ICICI Bank.”

“The successful allocations of both NCDS mark a moment of crucial importance for us, demonstrating the investment community’s trust in a robust financial strategy and growth potential. This move will help us build new benchmarks, strengthen returns and ensure long-term sustainability.”

India’s infrastructure mutual fund has announced its first distribution of Rs 12.71 per unit (February 27). This announced interest income of Rs 0.11 per unit, taxable dividend of Rs 11.22 per unit, and tax-free dividend of Rs 1.38 per unit. This interim payment was made to some eligible undeveloped individuals in the third quarter of the fiscal year.

Capital Infra Trust said that the invitation was established to conduct activities and invest as an infrastructure mutual fund in accordance with the regulations of the SEBI invitation.

The sponsoring company said it specializes in the construction of road and highway projects in 19 states in India for various government agencies, including NHAI, MORTH, MMRDA and CPWD.

Founded in September 2023, Capital Infra Trust Invit is sponsored by Gawar Construction Ltd. We invest in infrastructure projects in the NHAI Road project primarily through acquisitions from sponsors and third parties.

(Input from PTI)