IRB InvIT Subsidiary Faces Arbitral Award on Deferred Premium

IRB Tumkur Chitradurga Tollway Limited (IRBTC), a subsidiary of IRB InvIT Fund, has received an Arbitral Award dated June 25, 2026. The award pertains to a dispute with the National Highways Authority of India (NHAI) concerning the revocation of a deferment scheme and deferred premium calculations. IRBTC is directed to pay the deferred premium along with interest, to be determined by NHAI within 12 weeks, with payment due within a further 12 weeks. The tribunal's decision was not unanimous. IRBTC plans to protect its rights under the Concession Agreement and law.