IRB Infrastructure Developers Limited — JV/Acquisition, 26-08-2026: Acquisition

IRB Infrastructure Developers is investing Rs 351 crore in its sponsored IRB InvIT Fund through a preferential issue. This strategic move aims to equip IRB InvIT Fund to raise capital, which will be used to acquire two new highway project SPVs from IRB Infrastructure Trust. This investment strengthens IRB Infra's core infrastructure play, expanding its road and highway asset portfolio across various states like Maharashtra, Gujarat, and Rajasthan. It’s an internal financial bolstering that supports growth and consolidation within their existing ecosystem.