SPCP Luxembourg Strategies completed the acquisition of IVRCL Chengapalli Tollways from IVRCL Infrastructures.

SPCP Luxembourg Strategies, a holding company, completed the acquisition of IVRCL Chengapalli Tollways, a tollroads constrution company and operator, from IVRCL Infrastructures, a construction company. Financial terms were not disclosed. Acquisition of the company under CIRP process initiated under Insolvency & Bankruptcy Code, 2016