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IndInfravit Trust announces cessation of nominee director

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Capital Market

With effect from 06 May 2021

Consequent to sale of units by Sadbhav Infrastructure Project (SIPL), the percent of units held by SIPL has fallen below the minimum threshold required. Accordingly, SIPL has withdrawn the nomination of Nitinkumar Rameshchandra Patel (DIN: 00466330) as a director of LTIDPL IndvIT Services (LTIDPL) (the investment manager of IndInfravit Trust) with effect from 06 May 2021.

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First Published: May 07 2021 | 1:22 PM IST

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