A group of investors led by Kairus Shavak Dadachanji has invested Rs 1.77 billion ($21.4 million) in Shrem Infrastructure Investment Trust (InvIT). Through open market transactions, Dadachanji and other investors acquired 15.6 million shares of the InvIT from Shrem Infra Structure Private Limited for Rs 114 per share. Of this, Dadachanji alone bought 9 million units for about Rs 1.02 billion. Post the latest investment, Dadachanji owns 5 per cent of the units of the InvIT.