IRB INFRASTRUCTURE DEVELOPERS LTD.

IRB INFRASTRUCTURE DEVELOPERS LTD. - Update

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17 Nov 2020
Please note that IRB Infrastructure Trust - Private InvIT has successfully closed 2nd Tranche of fund raising by way of Rights Issue of Units amounting to Rs. 510 Crore. The Company being the Sponsor and 51% stakeholder, contributed Rs. 260 Crore and the GIC Affiliates holding 49% have contributed balance Rs. 250 Crore. This is part of the total commitment of Rs. 4,400 Crore by GIC affiliates towards 49% stake in Pvt InvIT housing 9 BOT assets, out of which IRB Infrastructure Trust has already receive 3,753 Crores from GIC affiliates in February, 2020.<BR> <BR> Further the Company will continue to hold 51% and GIC affiliates will continue to hold a 49% stake in the IRB Infrastructure Trust.
View all announcements for IRB INFRASTRUCTURE DEVELOPERS LTD.	Source: BSE India

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