KKR InvIT acquires Macquarie's 4 road assets for INR 3,000 cr
Macquarie Asia Infrastructure Fund owns a 56.8% stake in GRICL, while IL&FS holds 26.8% and the balance stake is with the Gujarat government. GRICL's toll roads are in Gujarat. The Ahmedabad to Mehsana stretch on SH-41 spans 51.6 kms. The second road asset of 31.7 kms from Vadodara to Halol on SH-87 is on the Delhi-Mumbai Industrial Corridor.
Tags : icra KKR InvIT stpl swarna tollway hg infra engineering Macquarie Asia Infrastructure Fund GRICL and STPL
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