Brief: PNC Infratech Approves Co Entering Master Securities Purchase Agreement With Highway Infrastructure Trust

PNC Infratech

15/01/2024 14:25

Jan 15 (Reuters) - PNC Infratech Ltd  PNCI.NS :
    * APPROVED COMPANY ENTERING INTO MASTER SECURITIES PURCHASE
AGREEMENT WITH HIGHWAY INFRASTRUCTURE TRUST
    * CO, UNIT AGREED TO SELL 100% STAKE IN ONE OR MORE TRANCHES
IN
TWELVE SPECIAL PURPOSE VEHICLES TO BUYER
    * APPROXIMATE AGGREGATE ENTERPRISE VALUE OF ALL TARGET SPVS
OF
90.06 BILLION RUPEES

Source text for Eikon:  ID:nNSE5TpHKz 
Further company coverage:  PNCI.NS 

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