IRB Infrastructure Developers Limited
IRB Infrastructure Developers Ltd is an infrastructure development and construction company in India with extensive experience in the roads and highways sector. It is also in other business segments in the infrastructure sector, including maintenance of roads, construction, airport development and real estate.
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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...
IRB Infrastructure has announced an investment of **Rs. 753.48 Cr** in its sponsored entity, IRB InvIT Fund. The company will acquire 11.97 Cr additional units through a preferential issue at Rs. 62.95 per unit. This strategic capital infusion allows IRB InvIT to acquire three new road project SPVs from IRB...