Incorporation Details

Swarna Tollway Private Limited (STPL), was incorporated on 11th May, 2001 as a Special Purpose Vehicle with the object of undertaking the concession granted under the Concession Agreement dated 27th March, 2001 entered into -- on Government to Government basis -- between Govt. of Malaysia and Govt. of India, through CIDB Inventures Sdn Bhd, Malaysia, and National Highways Authority of India for the Design, Engineering, Construction, Development, Finance, Operation and Maintenance for widening existing 2-lanes to 4-lanes divided carriageway facility including rehabilitation of existing 2-lanes of

  • On build operate and transfer (“BOT”) basis (hereinafter referred to as the Road Project) awarded by National Highways Authority of India (Ministry of Shipping, Road Transport and Highways) (hereinafter referred to as NHAI). To collect fee from the users of the below sections of highways in accordance with the terms of the Concession Agreement,
  • NH-5 (NH-16) from km. 52.8 to km. 163.6 on the Tada - Nellore Section in Andhra Pradesh
  • NH-9 ( NH-65) from km. 217 to km. 265 on the Nandigama – Ibrahimpatnam Section in Andhra Pradesh, India both NH-5 & NH-9.

Registered Office

The Registered Office of the Company is situated at 4th Floor, C Block, TSR Towers, D. No. 6-3-1090, Rajbhavan Road, Somajiguda, Hyderabad – 500082.

Share Capital Structure & Shareholders Details

The Authorised and Paid up Share Capital of the Company is Rs. 290,00,00,000 divided into

  • 27,00,00,000 Equity Shares of Rs. 10/- each fully paid up amounting to Rs. 270,00,00,000 and
  • 2,00,00,000 Compulsory Convertible Preference Shares of Rs. 10/- each amounting to Rs. 20,00,00,000.

The Issued, Subscribed & Paid up Equity Share Capital

The Issued, Subscribed & Paid up Equity share Capital of the Company is Rs. 270,00,00,000 divided into 27,00,00,000 Equity Shares of Rs. 10/- each

The shareholding pattern and details of shareholders are as follows:-

Name of the Shareholder No. of share held Percentage of shareholding
Highways Infrastructure Trust 269,999,999 99.999
MAIF Investments India 4 Pte Ltd 01 0.001

Business profile

Establishment of Toll Plazas and Collection of Toll from the Road users on National Highways developed by the company and Operation and Maintenance of the project highway.

Corporate Office

Unit No. 601-602 6th Floor, Windsor House,
Off CST Road, Kalina, Santacruz, Vidyanagari,
Mumbai, Maharashtra, India, 400098.