IRB Infra’s ₹8,436 Cr Deal Gets Green Light—InvIT Unitholders Approve Full Buyout of 3 SPVs

IRB Infrastructure Developers Ltd has received unitholder approval through its Infrastructure Investment Trust (InvIT) to acquire 100% equity in three Special Purpose Vehicles (SPVs), in a landmark deal valued at an enterprise value of ₹8,436 crore. The acquisition marks a strategic consolidation of operational road assets under the InvIT platform, enhancing cash flow visibility and long-term yield potential for investors.

 

The three SPVs—each managing toll-operational highway projects—will now be fully integrated into the InvIT’s portfolio, which is backed by marquee investors including GIC and Cintra (Ferrovial Group). The deal is expected to be funded through a mix of internal accruals and structured debt, and aligns with IRB’s strategy to monetize mature assets while focusing on new BOT and HAM projects.

 

This move also strengthens IRB’s position as India’s largest private toll-road operator, with over 25 road assets and a growing asset-light model through its InvIT structure.

 

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Source: MarketsMojo – IRB Infrastructure Corporate Actions