IRB Infrastructure Developers Ltd has approved an investment of ₹7.53 billion in the IRB InvIT Fund through a preferential issue. The move aims to support the fund’s acquisition of three project SPVs, reinforcing IRB’s commitment to infrastructure growth and strategic capital deployment across its toll and highway asset portfolio.
IRB Infrastructure Developers Ltd has taken a decisive step to strengthen its infrastructure investment strategy by approving an infusion of up to ₹7.53 billion into the IRB InvIT Fund. The investment, cleared during the company’s board meeting on October 8, 2025, will be executed via a preferential issue of units, marking a significant capital deployment to support asset expansion.
Key highlights from the announcement:
- Investment amount capped at ₹7.53 billion
IRB will invest ₹753.48 crore in the IRB InvIT Fund, acquiring 11.96 crore units at ₹62.95 per unit.
- Preferential issue mechanism
The capital will be raised through a preferential allotment of units, enabling IRB to increase its stake in the infrastructure investment trust.
- Purpose of the investment
The funds will facilitate the acquisition of three project SPVs from the IRB Infrastructure Trust, enhancing the fund’s toll road portfolio.
- Regulatory approvals pending
The transaction is subject to necessary clearances from government and regulatory bodies, including SEBI and other statutory authorities.
- Financial performance of IRB InvIT Fund
As of FY25, the fund reported a consolidated turnover of ₹1,110.24 crore, profit after tax of ₹355.84 crore, and a net worth of ₹3,806.88 crore.
- Strategic alignment
The move aligns with IRB’s long-term strategy to monetize operational assets and recycle capital into new infrastructure development.
- Strengthening the InvIT model
The investment reinforces the viability of the InvIT structure in India’s infrastructure financing landscape, offering liquidity and scalability for developers.
- Board meeting details
The decision was finalized during a board meeting held on October 8, 2025, between 6:00 PM and 6:26 PM IST.
This investment signals IRB’s continued confidence in the InvIT framework and its commitment to expanding India’s highway infrastructure. By channeling funds into asset acquisition, IRB aims to optimize its portfolio and unlock long-term value for stakeholders.
Sources:
Business Upturn
IRB InvIT Fund Official Announcements