Monday, March 17, 2025 | 07:43 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Welspun completes sale of six road assets to Actis for Rs 6,025 crore

Welspun exited 49 per cent of the BOT toll road and the remaining 51 per cent will require clearances expected to be completed by March 2024, it said in an exchange filing

Actis to buy $400-million road assets from India's Welspun Group
Premium

While the company has exited 49 per cent of the BOT-Toll road, the remaining 51 per cent will require further clearances and is expected to be completed by March 2024

Dhruvaksh Saha New Delhi
Welspun Enterprises, an infrastructure and highway firm, on Friday completed the sale of six of its operational road assets to sustainable infra investor Actis Highway Infrastructure at an enterprise value of Rs 6,025 crore. The two sides had signed an agreement six months ago.

The projects comprise five Hybrid Annuity Mode (HAM) assets—Welspun Delhi Meerut Expressway Private Limited, Welspun Road Infra, MBL (CGRG) Road, MBL (GSY) Road, and Chikhali Tarsod Highways) —and one Build-Operate-Transfer (BOT) toll asset called Welspun Infrafacility.

Welspun exited 49 per cent of the BOT toll road and the remaining 51 per cent will require

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in