By Christian Moess Laursen
Infrastructure India said its shares will be suspended from trading on the AIM from Oct. 2 on a delay to publish its fiscal 2023 financial results.
The U.K.-listed, India-focused infrastructure investor said Monday that the delay is due to it not being able to publish certain disclosure in relation to its 99.99% interest in Distribution Logistics Infrastructure, or DLI.
Earlier this month, the company said it has agreed to a conditional sale of DLI to Pristine Malwa Logistics Park Private Ltd, an end-to-end multi cargo logistics solutions provider in India and Nepal.
The suspension will be lifted once the fiscal 2023 accounts are published, which the company expects to do before year-end.
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