We are pleased to inform you that Meerut Budaun Expressway Limited - Wholly-owned Subsidiary of the Company (the SPV) has achieved financial closure for the Project of development of Access Controlled Six Lane (Expandable to Eight Lane) Greenfield Ganga Expressway [Group-I from Km. 7+900 (Village: Bijoli Distt: Meerut) to Km. 137+600 (Village: Nagla Barah Distt: Budaun) Design length 129.700 Km] in the State of Uttar Pradesh on DBFOT (Toll) basis under PPP.