Competition Commission of India press release · 20 May 2026 · pibtracker filter

CCI approves proposed acquisition of Baharampore - Farakka Highways, Devanahalli Tollway Pvt Ltd, Western MP Infrastructure and Toll Roads Pvt Ltd and Chenani Nashri Tunnelway Ltd by Cube Highways Trust

PRID2263413 MinistryCompetition Commission of India Released20 May 2026 Reading6 min

Posted On: 20 MAY 2026 7:43PM by PIB Delhi The Competition Commission of India (CCI) has approved the proposed acquisition of Baharampore - Farakka Highways Limited, Devanahalli Tollway Private Limited, Western MP Infrastructure and Toll Roads Private Limited and Chenani Nashri Tunnelway Limited by Cube Highways Trust. The proposed combination relates to acquisition of 100% of the equity share capital of: (i) Baharampore-Farakka Highways Limited ( BFHL ), (ii) Devanahalli Tollway Private Limited ( DTPL ), (iii) Western MP Infrastructure and Toll Roads Private Limited ( WMPTL ), and (iv) Chenani Nashri Tunnelway Limited ( CNTL ) by the Cube Highways Trust ( Cube Trust ) (BFHL, DTPL, WMPTL and CNTL are collectively the ‘ Target SPVs ’). The Cube Trust is an infrastructure investment trust ( InvIT ) registered with the Securities and Exchange Board of India ( SEBI ) under the SEBI (Infrastructure Investment Trusts) Regulations, 2014. The Target SPVs have been incorporated in India and are engaged in the business of operating (through governmental concessions) roads and highways in India. Detailed order of the Commission will follow. ***** NB/ONP (Release ID: 2263413) Visitor Counter : 241 Read this release in: Urdu , हिन्दी , Tamil Competition Commission of India CCI approves proposed acquisition of Baharampore - Farakka Highways, Devanahalli Tollway Pvt Ltd, Western MP Infrastructure and Toll Roads Pvt Ltd and Chenani Nashri Tunnelway Ltd by Cube Highways Trust Posted On: 20 MAY 2026 7:43PM by PIB Delhi The Competition Commission of India (CCI) has approved the proposed acquisition of Baharampore - Farakka Highways Limited, Devanahalli Tollway Private Limited, Western MP Infrastructure and Toll Roads Private Limited and Chenani Nashri Tunnelway Limited by Cube Highways Trust. The proposed combination relates to acquisition of 100% of the equity share capital of: (i) Baharampore-Farakka Highways Limited ( BFHL ), (ii) Devanahalli Tollway Private Limited ( DTPL ), (iii) Western MP Infrastructure and Toll Roads Private Limited ( WMPTL ), and (iv) Chenani Nashri Tunnelway Limited ( CNTL ) by the Cube Highways Trust ( Cube Trust ) (BFHL, DTPL, WMPTL and CNTL are collectively the ‘ Target SPVs ’). The Cube Trust is an infrastructure investment trust ( InvIT ) registered with the Securities and Exchange Board of India ( SEBI ) under the SEBI (Infrastructure Investment Trusts) Regulations, 2014. The Target SPVs have been incorporated in India and are engaged in the business of operating (through governmental concessions) roads and highways in India. Detailed order of the Commission will follow. ***** NB/ONP (Release ID: 2263413) The Competition Commission of India (CCI) has approved the proposed acquisition of Baharampore - Farakka Highways Limited, Devanahalli Tollway Private Limited, Western MP Infrastructure and Toll Roads Private Limited and Chenani Nashri Tunnelway Limited by Cube Highways Trust. The proposed combination relates to acquisition of 100% of the equity share capital of: (i) Baharampore-Farakka Highways Limited (BFHL), (ii) Devanahalli Tollway Private Limited (DTPL), (iii) Western MP Infrastructure and Toll Roads Private Limited (WMPTL), and (iv) Chenani Nashri Tunnelway Limited (CNTL) by the Cube Highways Trust (Cube Trust) (BFHL, DTPL, WMPTL and CNTL are collectively the ‘Target SPVs’). The Cube Trust is an infrastructure investment trust (InvIT) registered with the Securities and Exchange Board of India (SEBI) under the SEBI (Infrastructure Investment Trusts) Regulations, 2014. The Target SPVs have been incorporated in India and are engaged in the business of operating (through governmental concessions) roads and highways in India. Detailed order of the Commission will follow. ***** NB/ONP " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); return html; } function stripHtml(html) { let tmp = document.createElement("DIV"); tmp.innerHTML = CleanHtml(html); return tmp.textContent || tmp.innerText || ""; } $(document).ready(function () { //for responsive tables $("table").each(function () { if (!$(this).closest(".table-responsive").length) { $(this).wrap(" "); } }); var width = $(window).width(); if (width $(document).ready(function () { var width = $(window).width(); if (width @media print { .sticky-social, .sticky-social_mb, .pull-right, #printPDF { display: none !important; } } .f_vl { padding-right: 30px; font-size: 17px; cursor: pointer; } .log_oo { // width: 20%; display: flex; justify-content: space-between; } .log_oo img { width: 150px; /*width: 100%; height: auto;*/ } .sticky-social_mb { position: fixed; bottom: 0px; padding: 0px; margin: 0px; width: 100%; } .social_mb { list-style: none; display: flex; width: 100%; margin-bottom: -8px; } .social_mb a { padding: 8px 0px; font-size: 30px; transition: all 0.8s ease-in-out; width: 20% !important; text-align: center; } .section1 { position: relative; padding: 10px 0px; width: 100%; } .sticky-social { position: fixed; top: 20px; left: 0px; padding: 0px; margin: 0px; } .social { list-style: none; } .social a li { padding: 8px 12px; font-size: 25px; transition: all 0.8s ease-in-out; } .social a li:hover { margin-right: -30px; box-shadow: 2px 5px 10px grey; } .social a li:hover .fa { margin-left: 20px; } .fb_b { /* background-color: rgb(59, 89, 152);*/ background-color: rgba(65,103,178,255); } .twitter_r { /* background-color: rgb(29, 161, 242);*/ background-color: #000000; } .whatsapp_r { /* background-color: rgb(77, 194, 71);*/ background-color: rgba(13,191,67,255); } .fa-envelope_r { /* background-color: rgb(219, 68, 55);*/ background-color: #e2123d; } .fa-linkedin_r { background-color: rgb(0, 119, 181); } @media only screen and (max-device-width: 767px) { p span img { max-width: 90% !important; height: auto !important; } p img { max-width: 90% !important; height: auto !important; } h2 { font-size: 20px !important; font-weight: 600 !important; } h3 { font-size: 18px !important; font-weight: 600 !important; } } /* === Film Roll Badge Styling(IFFI2025 countdown) === */ .film-roll-badge { position: absolute; top:82%; right: 20px; width: 230px; height: 70px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 18px, #6e2b8b 18px, #6e2b8b 36px ); border-top: 8px solid #9a2375; border-bottom: 8px solid #9a2375; border-radius: 8px; overflow: hidden; box-shadow: 0 4px 12px rgba(0, 0, 0, 0.4); animation: moveFilm 8s linear infinite; z-index: 10; } /* film sprocket holes */ .film-roll-badge::before, .film-roll-badge::after { content: ""; position: absolute; width: 100%; height: 10px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 10px, #fff 10px, #fff 20px ); left: 0; z-index: 2; } .film-roll-badge::before { top: -4px; } .film-roll-badge::after { bottom: -4px; } .film-roll-inner { position: relative; height: 100%; display: flex; align-items: center; justify-content: center; animation: flicker 2s infinite ease-in-out; } .countdown-text { font-size: 1.3rem; font-weight: 700; color: #fff; text-shadow: 0 0 6px rgba(255, 255, 255, 0.4), 0 0 10px #000; white-space: nowrap; } /* === Animations === */ @keyframes moveFilm { 0% { background-position: 0 0; } 100% { background-position: 120px 0; } } @keyframes flicker { 0%, 100% { opacity: 1; } 50% { opacity: 0.9; } 25% { opacity: 0.95; } 75% { opacity: 0.85; } } /* === Responsive Adjustments === */ @media (max-width: 1500px) { .film-roll-badge { top: 68%; right: 18px; /* width: 220px; */ height: 65px; font-size: 0.85rem; } .press-section { margin-top: 35px; } } @media (max-width: 992px) { .film-roll-badge { top: 52%; right: 10px; width: 200px; height: 60px; } } @media (max-width: 768px) { .film-roll-badge { top: 56%; right: 10px; width: 124px; height: 55px; } .countdown-text { font-size: 0.9rem; } } @media (max-width: 576px) { .film-roll-badge { top: 59%; right: 5px; /* width: 160px; */ height: 50px; } .countdown-text { font-size: 0.85rem; } } const festivalStart = new Date("2025-11-20T00:00:00").getTime(); const festivalEnd = new Date("2025-11-28T23:59:59").getTime(); const countdownElement = document.getElementById("countdown"); const interval = setInterval(() => { const now = new Date().getTime(); // BEFORE FESTIVAL — show days + hours left if (now = festivalStart && now el.style.width = "350px"); clearInterval(interval); } }, 1000); //

Original PIB release
pib.gov.in · PRID 2263413

Open on PIB ↗

CCI approves proposed acquisition of Baharampore - Farakka Highways, Devanahalli Tollway Pvt Ltd, Western MP Infrastructure and Toll Roads Pvt Ltd and Chenani Nashri Tunnelway Ltd by Cube Highways Trust

More from this day