Maple Infra Trust acquires 5 Toll Road Highway Assets from Ashoka Concessions

Maple Infra Trust acquires 5 Toll Road Highway Assets from Ashoka Concessions

Business


Maple Infrastructure Trust, a SEBI-registered infrastructure investment trust, said five operational highway projects from Ashoka Concessions Ltd. and other associated entities, including ACL group companies had been successfully transferred to itself.

These projects, comprising over 2,100 lane kilometres of operational NHAI toll roads, are located along key economic arteries of India, including the Golden Quadrilateral and the East–West Corridor, spanning West Bengal, Karnataka, Maharashtra, Chhattisgarh, and Odisha. 

Following the acquisition, Maple’s portfolio will increase from two existing assets with a combined length of 1,212 lane kilometres to seven assets with combined length of 3,328 lane kilometres, representing a jump of over 1.7 times. 

Anup Vikal, CEO, Maple Infrastructure Trust in a statement said, “This acquisition strengthens our strategic and geographic diversification while reinforcing our focus on high-growth corridors and stable, long-term distributions for our investors.”

“With our technology-enabled, ESG-driven operating model, we remain a reliable partner, committed to India’s vision of a more integrated and connected nation by delivering resilient, future-ready road infrastructure across the country,” he added.



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