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SBI Life Insurance And Vidyaniti Buy 4.25% Unit Holding In NHAI For Rs 1,100 Crore

  • SBI Life Insurance and Vidyaniti collectively acquired a 4.25% unit-holding in NHAI for Rs 1,100 crore.
  • The acquisition involved a total of 8.24 crore units, constituting a 4.25% unit-holding in National Highways Infra Trust.
  • SBI Life Insurance acquired 3.74 crore units, representing a 1.93% holding, while Vidyaniti LLP purchased over 4.49 crore units, translating to a 2.3% unit-holding.
  • The units were acquired at an average price of Rs 133.57 each, with a total transaction value of Rs 1,100.61 crore for the combined purchase.

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