IRB Infrastructure Developers Ltd, will transfer its Pathankot – Amritsar Highway project to the IRB InvIT. As a result of this, IRB Infra will receive Rs 544 crore.
Tag: IRB Invit Fund
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GMR, MEP Infra & IRB Infra to launch infra investment trusts
SEBI had issued guidelines a couple of years back for infrastructure investment trusts (InvITs). The markets regulator has now granted permission to three companies — IRB Infrastructure, GMR and MEP Infrastructure — to launch the trusts.