Acquisition / mergerFiled on BSE ·

IRB InvIT Fund updates on acquisition and project management agreements

IRB InvIT Fund · Transport Infrastructure

What the filing says

  • IRB InvIT Fund acquired 100% equity of Solapur Yedeshi Tollway Ltd and CG Tollway Ltd from IRB Infrastructure Trust.
  • Project Implementation Agreements executed with IRB Infrastructure Developers Ltd as Project Manager for these projects.
  • Transactions involve related party dealings; Sponsor holds 16.12% in the Trust and appointments are at arm's length.

Original filing

Reg 23(5)(i): Disclosure of material issue

Read the filing on BSE (PDF) →

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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.