IRB InvIT Fund to acquire Solapur Yedeshi Tollway and CG Tollway from Private InvIT
IRB InvIT Fund · Transport Infrastructure
Key highlights
- IRB InvIT Fund approved acquisition of 100% equity of SYTL and CGTL from IRB Infrastructure Trust (Private InvIT) at ₹2,744 crore equity value as of September 30, 2026, with possible increase if closing delayed beyond this date.
- The acquisition includes external gross debt of ₹591 crore for SYTL and ₹1,270 crore for CGTL, resulting in an aggregate enterprise value of ₹4,605 crore.
- Completion expected on or before September 30, 2026; acquisition subject to regulatory approvals and unitholder consent, with IRB Infrastructure Developers Limited appointed as Project Manager for operation and maintenance.
Why it's rated notable: the amount is 27% of market value (20% to 50%)
Original filing
Reg 23(5)(i): Disclosure of material issue
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More from IRB InvIT Fund
- Acquisition / mergerMajor developmentIRB InvIT Fund acquires Solapur Yedeshi and CG Tollway from IRB Infrastructure Trust
- Acquisition / mergerNotableIRB InvIT Fund completes acquisition of 100% equity in two tollway companies
- Acquisition / mergerNotableIRB InvIT Fund updates on acquisition and project management agreements
- Fundraise / allotmentNotableIRB InvIT Fund raises ₹2,351 crore via placement and preferential allotment of units
- Acquisition / mergerNotableIRB InvIT Fund releases unaudited consolidated proforma financials for 2026
Other fundraise / allotment filings this fortnight
- IIFL Finance Limited announces preferential issue of shares and amendments on Nov 10, 2026
- IIFL Finance to raise ₹6,414 crore in primary equity infusion led by Blackstone
- Bajaj Finserv subscribes to 5,74,25,740 Bajaj Finance warrants at ₹1,010 each
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
Potential multibaggers · Q2 FY27
Potential multibaggers in Transport Infrastructure
on management's own guidance
- Guj Pipavav PortGood growth2
- Adani PortsGood growth1
- JSW InfrastModerate growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
