StockWatch
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Road Assets–Toll, Annuity, Hybrid-Annuity
Board Meeting24 Sept 2026, 10:24 pm

IRB InvIT Fund Approves Proforma Financials for Unit Issuance

AI Summary

IRB InvIT Fund's Investment Manager's Board of Directors has approved proforma unaudited consolidated financial information for the periods ending March 31, 2026, and June 30, 2026. This information is prepared to illustrate the impact of a proposed acquisition on the Trust's financial position and performance, as if the acquisition had occurred prior to these dates. The data has been compiled by management based on the Trust's financial statements and those of the target entities, Solapur Yedeshi Tollway Limited and CG Tollway Limited.

Key Highlights

  • Board approved proforma unaudited consolidated financial information.
  • Financials cover periods ending March 31, 2026, and June 30, 2026.
  • Information illustrates impact of a proposed acquisition.
  • Data compiled based on historical financial statements.
  • Aimed at illustrating financial position and performance pre-acquisition.