IRB Infrastructure Developers has informed that the Board of Directors of the Company at its meeting held on September 23, 2015, has approved the formation of Infrastructure Investment Trust (‘the Trust’) by the Company and to act as Sponsor of the Trust, Constitution of a committee of Directors to facilitate formation of the Trust and to deal with matters incidental and ancillary thereto, and authorized aforesaid committee of Directors to transfer undertaking/s of the Company to the Trust.
The above information is a part of company’s filings submitted to BSE.
