Cintra INR Investments B.V. has released 6,03,90,000 equity shares of IRB Infrastructure Developers from encumbrance. This release pertains to shares under a non-disposal undertaking (NDU) related to indemnification obligations. The encumbrance release occurred on December 30, 2025. Following this, Cintra holds 1,19,96,42,120 equity shares, representing 19.86% of IRB Infrastructure’s share capital. The minimum shareholding obligation of the promoter group remains unchanged.
Release of Encumbered Shares
Cintra INR Investments B.V. has released 6,03,90,000 equity shares of IRB Infrastructure Developers Limited from encumbrance. These shares were held under a non-disposal undertaking (NDU), specifically related to indemnification obligations to the investor.
Details of the Release
The release of the encumbrance was finalized on December 30, 2025. The equity shares released represent 10.00% of the total share/voting capital of IRB Infrastructure Developers.
Cintra’s Current Holding
Following the release, Cintra INR Investments B.V. continues to hold 1,19,96,42,120 equity shares of IRB Infrastructure Developers, which accounts for 19.86% of the company’s total share/voting capital.
Minimum Shareholding Obligation
It is important to note that the promoter group’s minimum shareholding obligation in IRB Infrastructure Developers remains unchanged. The obligations are as follows:
- At least 25.1% until March 31, 2025.
- At least 21.6% until March 31, 2026.
- At least 18.1% until March 31, 2027.
- At least 10% until the expiry of 84 months from the date of allotment of equity shares to the Investor.
Source: BSE