CCI Approves Indus Infra Trust's KNR SPVs Acquisition

CCI approved Indus Infra Trust's acquisition of 100% equity in four KNR Constructions SPVs.
The SPVs hold concession agreements with NHAI for highway projects under Hybrid Annuity Model.
Indus Infra Trust is a SEBI-registered infrastructure investment trust (InvIT).
The transaction involves GR Highways as the investment manager for the acquiring trust.