StockWatch
·
Road Assets–Toll, Annuity, Hybrid-Annuity
Regulatory15 May 2026, 03:23 pm

IRB InvIT Fund: No Deviation in Use of Proceeds for Q4 FY26

AI Summary

IRB InvIT Fund reported no deviations or variations in the use of proceeds raised through the Institutional Placement and Preferential Issue for the quarter ended March 31, 2026. This is in accordance with the objects outlined in the Placement Document dated October 14, 2025, and the Explanatory Statement to the Notice of the Extra-ordinary Meeting dated October 8, 2025.

Key Highlights

  • No deviation in use of proceeds from Institutional Placement for Q4 FY26.
  • No deviation in use of proceeds from Preferential Issue for Q4 FY26.
  • Proceeds used as stated in Placement Document dated October 14, 2025.
  • Proceeds used as stated in Explanatory Statement dated October 8, 2025.