Roadstar Infra Investment Trust Fund managed by Roadstar Infra Private Limited acquired Sikar Bikaner Highway Limited from IL&FS Transportation Networks Limited for INR 3,754.97 million.
Bikaner Highways Limited of INR 2078.12 million by executing a Deed of Assignment with Axis Trustee Services Limited against which a consideration to the equivalent amount is to be received in the form of units of the Trust.The expected date of completion of the transaction is March 31, 2022
Roadstar Infra Investment Trust Fund managed by Roadstar Infra Private Limited completed the acquisition of Sikar Bikaner Highway Limited from IL&FS Transportation Networks Limited (BSE:533177) on March 22, 2022.