Roadstar Infra Investment Trust Fund managed by Roadstar Infra Private Limited entered into a Share Purchase Agreement to Sikar Bikaner Highway Limited from IL&FS Transportation Networks Limited (BSE:533177) for INR 3,754.97 million on March 14, 2022. IL&FS Transportation has also assigned its debts owed to Sikar
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.