
Acquisitions2 Jul 2026, 10:30 pm
IRB InvIT Fund Discloses Asset Acquisition Reports
AI Summary
IRB InvIT Fund has disclosed key reports related to its ongoing acquisition of assets from IRB Infrastructure Trust. These include a Valuation Report by Grant Thornton Valuation Advisors Private Limited, Traffic Revenue Assessment/Due Diligence Reports by Steer Davies Gleave India Private Limited, and O&M Cost Projection Reports by LEA Associates South Asia Pvt. Ltd. The reports pertain to the target SPVs, Solapur Yedeshi Tollway Limited (SYTL) and CG Tollway Limited (CGTL). This disclosure follows an earlier announcement on July 2, 2026, regarding the acquisition. The valuation was performed as of March 31, 2026, and the reports are intended for internal evaluation purposes by IRB InvIT Fund.
Key Highlights
- Disclosure of Valuation, Traffic, and O&M Cost reports for asset acquisition.
- Acquisition involves target SPVs SYTL and CGTL from IRB Infrastructure Trust.
- Valuation Report issued by Grant Thornton Valuation Advisors Private Limited.
- Traffic and O&M reports provided by Steer Davies Gleave and LEA Associates.
- Reports are for internal evaluation and not for third-party use.
Price Impact
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