IRB Infrastructure Developers Ltd. has executed a Project Implementation Agreement related to the VM7 Project, as disclosed on December 1, 2025. The agreement pertains to the sale of the entire stake held by the company in its wholly-owned subsidiary, VM7 Expressway Private Limited, to the IRB InvIT Fund (”Trust”). IRB Infrastructure will act as the Project Manager for the VM7 Project following the share purchase agreement’s closing.
VM7 Project Implementation
IRB Infrastructure Developers Ltd. has announced the execution of a Project Implementation Agreement related to its VM7 Project. This follows the company’s earlier disclosure on December 1, 2025, regarding a share purchase agreement.
Details of the Agreement
The agreement involves the sale of the company’s entire stake in its wholly-owned subsidiary, VM7 Expressway Private Limited (“VM7 Project”), to the IRB InvIT Fund (“Trust”). As part of the agreement, IRB Infrastructure will serve as the Project Manager for the VM7 Project after the closing of the share purchase agreement.
Source: BSE
