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IRB InvIT Fund completed acquisition of three highway assets from IRB Infrastructure Trust for Rs. 8,436 Cr, backed by Rs. 4,250 Cr investor funding. This deal unlocks Rs. 4,905 Cr for IRB Infra to target Rs. 15,000 Cr in new projects. The InvIT's portfolio expands to 9 assets worth Rs. 16,000 Cr, with a 17-year concession life.
All announcements from IRB Infrastructure Developers Limited