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L&T acquires over 2 crore Nxt-Infra Trust units for ₹199 crore

The infrastructure major has increased its exposure to the SEBI-registered InvIT through a significant open-market transaction executed on Tuesday.

L&T acquires over 2 crore Nxt-Infra Trust units for ₹199 crore

L&T acquires over 2 crore Nxt-Infra Trust units for ₹199 crore. Infrastructure major Larsen & Toubro has acquired more than 2 crore units of Nxt-Infra Trust for Rs 199 crore through an open market transaction, according to the bulk deal data on the NSE. Following the transaction, shares of Nxt-Infra Trust were trading 1.03 per cent higher at Rs 98 per unit on the National Stock Exchange (NSE).

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