Corporate Action24 Sept 2026, 09:59 pm
IRB InvIT Fund Proposes Institutional Placement of Units
AI Summary
IRB InvIT Fund announced its intention to conduct an institutional placement of units. Following approvals from the Board of Directors and unitholders, the fund has authorized the opening of the placement issue. A floor price of ₹64.26 per Unit has been approved, based on SEBI InvIT Regulations. The final issue price will be determined by the Investment Manager in consultation with lead managers. The trading window for the fund's units remains closed until further notice.
Key Highlights
- IRB InvIT Fund to undertake institutional placement of units.
- Floor price set at ₹64.26 per Unit.
- Issue price to be determined by Investment Manager and lead managers.
- Trading window remains closed for units.
- Approvals received from Board and unitholders.
Price Impact
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