IRB Infrastructure Developers has executed a letter agreement, amending its investment agreement. The agreement involves Cintra INR Investments BV, Mr. Virendra D. Mhaiskar, and other promoter group members. The letter agreement, dated December 30, 2025, includes waivers and releases by Cintra regarding certain promoter obligations. The changes aim to refine terms within the original investment framework.
Letter Agreement Executed
IRB Infrastructure Developers Limited has executed a letter agreement on December 30, 2025, with key parties including Cintra INR Investments BV (“Cintra”), Mr. Virendra D. Mhaiskar, IRB Holding Private Limited, Mrs. Deepali Mhaiskar, and Virendra D. Mhaiskar HUF. This agreement relates to adjustments within the existing investment agreement.
Details of the Amendment
The letter agreement entails waivers and releases by Cintra concerning specific obligations of the Promoter and the Promoter Group. This modification impacts the terms and conditions as defined in the original investment agreement. The agreement aims to refine certain terms outlined in the investment agreement.
Source: BSE
