IL&FS Transportation Networks has informed that in reference to the letter dated April 3, 2024, intimating the filing of Draft Placement Memorandum (DPM) with Securities & Exchange Board of India (SEBI) by Roadstar Infra Investment Trust (the Trust) sponsored by Roadstar Infra (RIPL), a wholly owned subsidiary of the Company. Trust has received yesterday, an In-principle approval from BSE (BSE) and National Stock Exchange of India (NSE) for listing of its Units subject to fulfillment of certain conditions. Copies of the letters are attached. The units issued by the Trust will be listed upon receipt of approval from SEBI and filing of the Final Placement Memorandum with SEBI and BSE/NSE. As mentioned in previous communication, the Units issued by the Trust are held by the Company in trust for and on behalf of its creditors.
The above information is a part of company’s filings submitted to BSE.
