Acquisition / mergerFiled on BSE ·
IRB InvIT Fund acquires 100% equity in SYTL and CGTL from IRB Infrastructure Trust
IRB InvIT Fund · Transport Infrastructure
What the filing says
- The Trust acquired 100% equity of Solapur Yedeshi Tollway Limited and CG Tollway Limited via a share purchase agreement dated September 22, 2026.
- Aggregate purchase consideration is ₹2,744 crore, subject to adjustments and increase if closing is delayed beyond September 30, 2026; enterprise value including debt is ₹4,605 crore.
- Combined turnover of SYTL and CGTL for FY 2023-2026 averages around ₹271 crore; acquisition completed by or before September 30, 2026, with regulatory approvals received.
Original filing
Reg 23(5)(i): Disclosure of material issue
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More from IRB InvIT Fund
- Fundraise / allotmentIRB InvIT Fund completes ₹2,351 crore fund raise through institutional placement
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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.