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IRB Infrastructure Developers informs about outcome of board meeting

15 May 2026 Evaluate
IRB Infrastructure Developers has informed that the board of directors (Board) of the Company at its meeting held today i.e. May 15, 2026, has approved to continue to act as the Project Manager, in accordance with the SEBI (Infrastructure Investment Trusts) Regulations, 2014, as amended (SEBI InvIT Regulations), to provide operation and maintenance works to each of IRB Jaipur Deoli Tollway Limited, IRB Pathankot Amritsar Toll Road Limited and IRB Talegaon Amravati Tollway Limited (collectively referred as Project SPVs), project SPVs of IRB InvIT Fund (Public InvIT) in connection with implementation of their respective projects, with effect from end of the tenure of the concession period of the respective Project SPVs i.e., from April 1, 2030 until the end of the concession period of the respective Project SPVs. In this regard, the Board has also approved amended and restated project implementation agreements to be executed by the Company with each of the Project SPVs for an approximate aggregate value up to Rs 1,136 crore on fixed price basis (plus applicable taxes payable as per agreement i.e. approximately up to Rs 1,340 crore including GST @18%), on such other terms and conditions as may be agreed among the parties. The Proposed Transaction is subject to the receipt of applicable regulatory approvals. The details of the aforesaid transaction as required in pursuance of Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is annexed as Annexure I. 

The above information is a part of company’s filings submitted to BSE.

IRB Infra.&Developer Share Price

21.30 0.00 (0.00%)
04-Jun-2026 16:59 View Price Chart
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