IRB Infrastructure Developers Ltd. has announced that its Board of Directors approved an investment in units of IRB InvIT Fund, a SEBI-registered Infrastructure Investment Trust. The investment, amounting to ₹753.48 crore, will be made through a preferential issue. This decision aims to support IRB InvIT Fund’s undertakings and represents a strategic financial move for the company.
Investment Approval in IRB InvIT Fund
The Board of Directors of IRB Infrastructure Developers Ltd. has given the green light to invest in units of IRB InvIT Fund. This decision was made during a board meeting held on October 8, 2025.
Financial Details of the Investment
The company will invest up to ₹753,48,00,250 (Indian rupees seven hundred and fifty-three crore forty-eight lakh two hundred fifty) in IRB InvIT Fund. This investment will be facilitated through a subscription in a preferential issue to be undertaken by IRB InvIT Fund.
Details of IRB InvIT Fund
IRB InvIT Fund is a trust registered under the SEBI (Infrastructure Investment Trusts) Regulations, 2014. As of FY 24-25, it reported a turnover of ₹1,110.24 crore (consolidated), a PAT of ₹355.84 crore (consolidated), and a net worth of ₹3,806.88 crore (consolidated).
Purpose of the Investment
The investment is intended to enable the Trust to raise funds for the acquisition of three project SPVs from IRB Infrastructure Trust. The proposed transaction is subject to necessary governmental and regulatory approvals. It allows the IRB InvIT Fund to acquire three project SPVs from IRB Infrastructure Trust. The Trust has a portfolio that includes six operational road assets.
Turnover of the Trust (Consolidated)
- FY 2024-25: ₹1,110.24 crore
- FY 2023-24: ₹1,085.90 crore
- FY 2022-23: ₹1,461.83 crore
Source: BSE