IRB Infrastructure Developers has completed equity fundraise of Rs 5,347 crore from Cintra INR Investments BV and Bricklayers Investments. Cintra has invested Rs 3,180 crore through preferential placement, thus holding up to 24.9 per cent stake in the company, whereas, Bricklayers Investment has invested Rs 2,167 crore through preferential issue, holding up to 16.9 per cent stake in the company.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
