Roadstar Infra Private Limited (“RIPL”) was incorporated as the Sponsor of the Trust to facilitate the resolution of the Project SPVs, forming part of the IL&FS Group Entities by setting up of the Trust and undertaking the Unit Distribution as required under the terms of the Resolution Framework.
RIPL is an entity incorporated in the year 2020 and derives experience from its holding company, ITNL, which has over 2 decades of experience in having developed, maintained and operated numerous BOT Projects.