Roadstar Infra Investment Trust Fund managed by Roadstar Infra Private Limited agreed to acquire 90.91% stake in Pune Sholapur Road Development Company Limited from IL&FS Transportation Networks Limited (BSE:533177) for INR 1 on May 12, 2023. Roadstar Infra Private Limited will acquire 160 million shares of Pune Sholapur Road Development Company Limited. Transaction is expected to complete on May 16, 2023.
IL&FS Transportation Networks Limited
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- Roadstar Infra Investment Trust Fund managed by Roadstar Infra Investment Trust Fund agreed to acquire 90.91% stake in Pune Sholapur Road Development Company Limited from IL&FS Transportation Networks Limited for INR 1.