Archive · 2 Jun 2025
IRB Infrastructure to Transfer Highway Assets to InvIT Arm
IRB Infrastructure, a big company that builds roads, is moving some of its highway assets to a different part of its business called IRB InvIT Fund.
This move involves three highway projects worth about ₹8,450 crore.
These projects are expected to be transferred by early 2026.
The main goal is to make the InvIT Fund stronger and last longer by adding these high-value roads.
The head of IRB Infrastructure Developers says this will help both the company and the InvITs grow and find new opportunities.
IRB Infrastructure will transfer three highway assets to its InvIT arm.
The transfer is valued at approximately ₹8,450 crore.
Assets include IRB Hapur Moradabad Tollway, Kaithal Tollway, and Kishangarh Gulabpura Tollway.
Transfer expected by the second quarter of the financial year ending March 2026.
The transaction will enhance the IRB InvIT Fund’s portfolio.
- Who
- IRB Infrastructure Developers and IRB InvIT Fund.
- What
- IRB Infrastructure Developers will transfer three highway assets to its InvIT arm, IRB InvIT Fund.
- When
- Expected by the second quarter of the financial year ending March 2026.
- Where
- India
- Why
- To enhance the IRB InvIT Fund’s portfolio and extend its weighted average life.
- Company
- IRB Infrastructure Developers
- Transaction
- Transfer of highway assets
- Assets Value
- ₹8,450 crore
- InvIT Arm
- IRB InvIT Fund
- Assets
- IRB Hapur Moradabad Tollway, Kaithal Tollway, and Kishangarh Gulabpura Tollway
- Expected Completion
- Q2 FY26
- Asset Base
- ₹80,000 crore