IndInfravit Trust, established by L&T Infrastructure Development Projects Limited (L&T IDPL) in 2018, operates as an infrastructure investment trust under SEBI regulations. Its portfolio initially included five toll road projects across Rajasthan, Karnataka, Tamil Nadu, and Telangana, later expanding to 13 toll-road assets in various Indian states. Key acquisitions include eight road concessions from Sadbhav Infrastructure Projects Ltd in 2020, enhancing its asset base across Karnataka, Rajasthan, Maharashtra, Madhya Pradesh, and Telangana. Managed by LTIDPL IndvlT Services Limited, the Trust focuses on public-private partnership (PPP) infrastructure development, with L&T IDPL and SIPL as project managers for its assets.
Notably, IndInfravit made significant distributions to unit holders, amounting to Rs. 7.49 per unit in 2022. In 2023, the Trust restructured its asset management by acquiring IndInfravit Project Managers Private Limited (IPMPL) and sold a 9% stake in two SPVs to IPMPL. These strategic moves underscore the Trust's commitment to optimizing its investment and asset management strategies, ensuring efficient operation and maintenance of its infrastructure projects.
