IRB Infrastructure’s promoter, IRB Holding Private Limited, released encumbered shares representing 10% of total share capital on December 30, 2025. This release involved 60,39,00,000 shares. The non-disposal undertaking was waived pursuant to a letter agreement. Post-release, the number of encumbered shares held by the promoter is nil.
Encumbrance Release Details
On December 30, 2025, IRB Holding Private Limited, a promoter of IRB Infrastructure Developers Limited, released encumbered shares. The release involved a total of 60,39,00,000 shares, which previously represented 10% of the total share capital.
Impact on Shareholding
The release reduced the encumbered promoter holding to nil. Post the event, the post event holding of encumbered shares is Nil.
Reason for Release
The non-disposal undertaking was waived pursuant to the execution of a letter agreement dated December 31, 2025. This agreement amended the investment agreement among IRB, Cintra INR Investments BV, Mr. Virendra D. Mhaiskar, IRB Holding Private Limited, and certain other members of the Promoter and Promoter Group of the Company. The entity in whose favor the shares were encumbered was Cintra INR Investments BV.
Source: BSE
