IRB InvIT Fund to Raise ₹351 Cr via Preferential Issue

IRB InvIT Fund's Investment Manager's Board of Directors has approved a preferential issue to raise up to INR 3,510,000,000 (₹351 crores). The issue involves 54,000,000 units at ₹65 per unit, to be subscribed by the Sponsor, IRB Infrastructure Developers Limited. This move is subject to unitholder and regulatory approvals. An Extra-ordinary Meeting (EM) of unitholders is scheduled for September 21, 2026, to seek approval for this preferential issue. The trading window, previously closed, will reopen 48 hours after this disclosure.