CCI Approves Indus Infra Trust's Full Acquisition of KNR SPVs
The Competition Commission of India has sanctioned the acquisition proposal of 100% equity shareholding of KNR SPVs by Indus Infra Trust, which operates under the guidelines set by the Securities Exchange Board of India. This move transfers control of several KNR Special Purpose Vehicles involved with the National Highway Authority of India's infrastructure projects from KNR Constructions Limited to Indus Infra Trust.
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