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IRB Infrastructure Developers gets NOC from NHAI to transfer nine BOT assets

06 Jan 2020 Evaluate

IRB Infrastructure Developers has received NOC from NHAI for transfer of nine BOT assets to IRB Infrastructure Trust and subsequent investment by GIC affiliates for 49% stake in the Trust. Further, 98% of company's lenders have approved their NOCs supporting the deal and the company expects to close the balance shortly.

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.

IRB Infra.&Developer Share Price

22.26 0.15 (0.68%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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