StockWatch
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Road Assets–Toll, Annuity, Hybrid-Annuity
AGM/EGM21 Sept 2026, 02:13 pm

IRB InvIT Fund: EGM Approves Unit Issuance on Preferential Basis

AI Summary

IRB InvIT Fund held an Extraordinary General Meeting (EGM) on September 21, 2026, to approve the issuance of units on a preferential basis. The resolution was passed with a special majority. The meeting was conducted via Video Conferencing, with 32 unitholders attending. Voting results showed overwhelming support for the resolution, with nearly 100% of votes in favor across all categories of unitholders, including Sponsor/Investment Manager, Institutional, and Non-Institutional holders. The total votes polled represented 68.83% of the outstanding units.

Key Highlights

  • EGM held on September 21, 2026, approved preferential unit issuance.
  • Resolution passed with a special majority, indicating strong unitholder support.
  • Nearly 100% of votes polled were in favor of the resolution.
  • Total votes polled represented 68.83% of outstanding units.
  • Meeting conducted via Video Conferencing with 32 attendees.