Srei Infrastructure Finance Limited (BSE: 523756) said its board has approved the demerger and listing of its equipment financing business. Srei Infrastructure announced that it has decided to augment the capital of both its infrastructure finance and equipment finance businesses, which will facilitate the businesses in maintaining and strengthening their current leadership positions further. The move will result in listing of the company's equipment finance business through a composite scheme of arrangement and amalgamation and give shareholders of Srei an opportunity to directly participate in the high growth equipment finance sector