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Announced

Oriental InfraTrust to acquire BDHPL.

Synopsis

Oriental InfraTrust, an irrevocable trust, agreed to acquire Biaora to Dewas Highway, a provider of infrastructure construction services, from Oriental Structural Engineers and Oriental Tollways. Financial terms were not disclosed. The acquisition of the aforesaid asset is in line with the Trust’s Investment objective broad base and increase the life of the assets of the OIT for to ensuring stable distribution to unitholder.

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