Acquisitions30 Sept 2026, 06:40 pm
IRB InvIT Fund Completes Acquisition of Two Tollway SPVs
AI Summary
IRB InvIT Fund has successfully completed the acquisition of 100% equity share capital of Solapur Yedeshi Tollway Limited (SYTL) and CG Tollway Limited (CGTL) from IRB Infrastructure Trust (Private InvIT). This follows earlier disclosures made on September 29, 2026, regarding the proposed transaction. The acquisition of these Project SPVs marks a significant step for IRB InvIT Fund in expanding its asset portfolio.
Key Highlights
- IRB InvIT Fund has finalized the acquisition of two project SPVs.
- The acquired entities are Solapur Yedeshi Tollway Limited and CG Tollway Limited.
- The transaction involved acquiring 100% equity share capital.
- The seller in this transaction was IRB Infrastructure Trust (Private InvIT).
Price Impact
More from IRBINVIT