Indus Infra Trust acquires 100% equity of ULCCS Kasaragod Expressway
02 Jul 2026
Indus Infra Trust acquired 100% equity of ULCCS Kasaragod Expressway Private Limited from Uralungal Labour Contract Co-operative Society Limited. All shares except one have been transferred, with the final share pending transfer to the buyer's nominee.
Pursuant to the transaction, all equity shares of UKEPL have been transferred to the trust, with the exception of one equity share retained by the seller's nominee. The filing states that the remaining share will be transferred to the nominee of the buyer subsequently, with necessary steps being undertaken in accordance with applicable laws and transaction documents.
The transaction was intimated to the exchanges in accordance with Regulation 23(6) of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014. This follows an earlier intimation dated June 8, 2026.
Transaction Details
|
Party |
Role |
Entity Name |
|
Buyer |
Acquirer |
Indus Infra Trust |
|
Seller |
Transferor |
Uralungal Labour Contract Co-operative Society Limited |
|
Target |
Acquired Entity |
ULCCS Kasaragod Expressway Private Limited |