IRB INFRASTRUCTURE DEVELOPERS LTD.

IRB Infrastructure Developers Ltd reported a significant 24% year-on-year growth in toll revenue for September 2026, reaching ₹773 Crores (₹7,725 Million) compared to ₹622 Crores (₹6,223 Million) in September 2025. This robust performance is attributed to healthy traffic growth driven by enhanced economic activity and the commencement of the festive season. The company's wholly-owned subsidiaries saw a 17% increase in toll revenue on a like-for-like basis. Several new projects commenced toll collection during the period, contributing to the overall revenue.

IRB Infrastructure Trust has completed the transfer of 100% equity share capital of Solapur Yedeshi Tollway Limited (SYTL) and CG Tollway Limited (CGTL) to IRB InvIT Fund, a publicly listed infrastructure investment trust. This update follows earlier disclosures regarding the transaction. The transfer involves the Project SPVs (Special Purpose Vehicles) and signifies a consolidation or restructuring within the IRB group's InvIT structure. The company secretary of IRB Infrastructure Developers Limited and the Investment Manager for IRB Infrastructure Trust have confirmed the completion of this transfer.

IRB Infrastructure Developers Ltd has executed Project Implementation/Management Agreements with IRB InvIT Fund to act as the Project Manager for projects operated by Solapur Yedeshi Tollway Limited (SYTL) and CG Tollway Limited (CGTL). These agreements follow the transfer of 100% equity share capital of these Project SPVs from IRB Infrastructure Trust to the Public InvIT. The agreements cover the balance concession period for these tollway projects, with an estimated value of approximately ₹2,663 crore on a fixed price basis over the remaining concession period of about 18 years. The company confirmed these are not related party transactions.

IRB Infrastructure Developers Ltd announced that its sponsored Public InvIT, IRB InvIT Fund, has successfully raised ₹2,351 Crores through an Institutional Placement (₹2,000 Crs) and Preferential Allotment (₹351 Crs). The funds will be used to partly acquire two BOT highway assets: Solapur Yedeshi NH211 and Chittorgarh Gulabpura NH79 from IRB Infrastructure Trust. The company, as Sponsor and Project Manager, invested ₹351 Crs to maintain its stake. This fundraise validates investor confidence in India's infrastructure growth and the InvIT platform, supporting IRB Group's B.E.S.T. strategy for portfolio growth through strategic asset monetization and future expansion.

IRB Infrastructure Developers Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will be shut from October 1, 2026, and will reopen 48 hours after the financial results for the quarter and half-year ended September 30, 2026, are announced. This measure is standard practice to prevent potential insider trading before the release of material financial information.

IRB Infrastructure Trust, an associate of IRB Infrastructure Developers Ltd, has executed a share purchase agreement and ancillary agreements for the transfer of 100% equity share capital of Solapur Yedeshi Tollway Limited (SYTL) and CG Tollway Limited (CGTL) to IRB InvIT Fund. The transaction, valued at an aggregate equity value of INR 2,744 crore, is expected to be completed by September 30, 2026. The Project SPVs contributed approximately INR 306.59 Crore (~3.5%) to the Trust's consolidated turnover in FY 2025-26 and INR 4,663 Crore (~6.7%) to its enterprise value as of March 31, 2026. Consideration will be received in cash.

IRB Infrastructure Developers Ltd's Board has given in-principle approval to monetize non-core assets. This includes the phased development of approximately 350 acres of land owned by its wholly-owned subsidiary, Aryan Infrastructure Investments Private Limited (AIIPL), in Pune. Additionally, it involves the redevelopment and rehabilitation of about 3,500 sq. mts. of land owned by Ideal Road Builders Private Limited (IRBPL), another wholly-owned subsidiary, in Mumbai. This strategic move is expected to significantly enhance the company's cash flows without incurring additional costs, subject to necessary regulatory approvals and definitive documentation.

IRB Infrastructure Developers Ltd reported a significant 25% year-on-year increase in its gross toll revenue for August 2026, reaching ₹8,074 million compared to ₹6,462 million in August 2025. This growth is attributed to sustained traffic increases across its assets and tariff revisions implemented at the beginning of FY27. The company anticipates continued positive traffic momentum due to robust economic activity and the upcoming festive season, expecting further strengthening of its overall growth trajectory.

IRB Infrastructure Developers Ltd. has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. This report, which forms part of the Integrated Annual Report, is prepared on a consolidated basis and covers the company and its subsidiaries. IRB Infrastructure, a leading highway developer, undertakes construction, maintenance, and toll operations, contributing 100% of its turnover. The company has also undergone an assessment for BRSR Core by M/s. Carbon Check India Pvt. Ltd. The report details operational locations, market served, and employee statistics, including a workforce of 2,827 employees and 3,446 workers.

IRB Infrastructure Developers Ltd. has announced its 28th Annual General Meeting (AGM) will be held on Tuesday, September 22, 2026, at 11:30 am IST via Video Conferencing. The company has also released its Integrated Annual Report and Notice of AGM for the financial year ended March 31, 2026. Key agenda items include the adoption of audited consolidated and standalone financial statements, the reappointment of Non-Executive Director Mr. Ravindra Dhariwal, and the ratification of remuneration for cost auditors Joshi Apte & Associates for the financial year 2026-27.