Capital Infra Trust InvIT, sponsored by GCL, will debut on exchanges with units potentially listing at a premium. Focused on infrastructure assets, the IPO funds will repay external borrowings and fund project SPVs. InvIT operates in India’s extensive road network sector.
FPIs pare stake in Adani companies, DIIs raise holdings
Late November, the Gautam Adani-owned group was hit by indictment charges from the US judicial and regulatory platforms, although the management of the conglomerate denied