IRB Infrastructure Developers Limited announced the release of encumbered shares held by IRB Holding Private Limited on December 24, 2025. The release involved 410,652,000 shares, reducing the total encumbered shares to 603,900,000, representing 10.00% of the total share capital. The non-disposal undertaking was waived as part of a letter agreement amending a share subscription agreement.
Release of Encumbered Shares
On December 24, 2025, IRB Infrastructure Developers Limited (IRB) announced a significant release of encumbered shares. The shares were held by IRB Holding Private Limited, a promoter entity of the company. This action modifies the previously existing encumbrance status.
Details of the Release
The release involved 410,652,000 shares of IRB Infrastructure Developers Limited. Following this release, the total number of shares held by IRB Holding Private Limited under encumbrance now stands at 603,900,000 shares. This represents 10.00% of the total share capital of IRB Infrastructure Developers Limited.
Reason for the Release
The release of the non-disposal undertaking was executed following a letter agreement dated December 24, 2025. This agreement amends the existing share subscription agreement among IRB, Bricklayers Investment Pte. Ltd., Mr. Virendra D. Mhaiskar, IRB Holding Private Limited, and other members of the Promoter Group.
Source: BSE
