Reliance Infra to sell Pune-Satara Toll Road Project to Cube Highways in a £ 2,000 crore deal details here

Anil Ambani-Owned Reliance Infrastructure is planning to sell the Pune-Satara Toll Road project to the Singapore-based infrastructure business, Cube Highways, in a £ 2,000 crore agreement, which is at a complete acquisition of the Special Purpose Vehicle (SPV) -FirM with the name PS Toll Road Pvt will be. Ltd, according to a white paper. Reliance Infra is aimed at earning these non-nuclear assets, increasing financial flexibility and focusing on long-term value creation in the business. After the transaction, Cube Highways will obtain a 100% stake in PS Toll Road Pvt. Ltd. According to the company’s disclosure, Reliance Infrastructure plans £ 600 crore of the funds raised to deploy for future growth initiatives in the core areas of the firm. The company will also reduce its consolidated debt of £ 1400 crore, according to the stock exchange. “The transaction is expected to be completed by the end of this month, subject to the necessary approvals for regulations,” Reliance Infra said in the white paper release. Earlier in 2020, Reliance Infra sold its Delhi Agra toll Road to Cube Highways for a total of £ 3,000. The Pune-Satara Toll Road Project agreement will be the second transaction between the two companies. Reliance Infrastructure Share Price Reliance Infrastructure Shares closed 4.44% lower at £ 289.50 after Friday’s stock market, compared to £ 302.95 on the previous market. Shares of the Anil Ambani-led firm have given the stock market investors more than 853% returns on their investment over the past five years and more than 24% profits in the past one year period. On an annual basis, the shares of Reliance Infrastructure lost 8.43% in 2025, but he traded 10.72% in the last five market sessions in the Indian stock market. Shares of the firm hit their 52-week high at £ 425 on June 27, 2025, while the low level of 52 weeks on September 4, 2024 was at £ 195, according to the data collected on the BSE website. The company’s Market Capitalization (M-CAP) amounted to £ 11,829.87 crore at £ 11,829.87 on Friday, August 22, 2025. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions.