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- by economictimes.indiatimes.com
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IRB InvIT Fund unitholders approve acquiring 100% stake in 3 SPVs from IRB Infrastructure Trust
IRB InvIT Fund's unitholders have approved the acquisition of 100% equity in three SPVs from IRB Infrastructure Trust, valued at ₹8,436 crore as of June 30, 2025. This move, backed by a 96% majority, involves the transfer of three BOT highway assets. Following the acquisition, IRB Infrastructure Developers' O&M order book is expected to increase by approximately ₹3,100 crore.