Gayatri Jhansi Roadways Limited (GLRL)

India Infrastructure

We are invested in Gayatri Jhansi Roadways Limited (GLRL) through India Infrastructure Fund, which is managed by IDFC Project Equity.

We do not hold direct relationships with the companies that investment funds invest in. Instead, we hold relationships directly with the fund. When investing through investment funds, CDC takes an active role as a limited partner to the fund, working with the fund manager to ensure best practices, including in environment, social and governance matters, and investment management oversight.

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Gayatri Jhansi Roadways is building, operating and maintaining a road measuring 50.0km on the NH25-26 in state of Utar Pradesh. It is owned by Gayatri Projects Limited.

For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
South Asia
Countries:
India
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Infrastructure
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
India Infrastructure Fund
Fund Manager:
IDFC Project Equity
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
September 2008
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
India

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