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IRB Infrastructure Developers Limited — Capital/Financing Update 2024
Dec 27, 2024
62323_rns_2024-12-27_7c9f2833-1477-4c6b-9099-16185ecd1947.pdf
Capital/Financing Update
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December 27, 2024
To,
| Corporate Relationship Department,BSE LimitedPhiroze Jeejeebhoy TowersDalal Street, Mumbai 400 001 | Listing Department,National Stock Exchange of India LimitedExchange Plaza, C-1 Block GBandra Kurla Complex, Bandra (E), Mumbai 400 051 |
|---|
Dear Sir / Madam,
Ref: Scrip Code 532947; Symbol: IRB
Subject: Update on Implementation of Ganga Expressway Project by IRB Infrastructure Trust (the
“Trust”)
Dear Sir / Madam,
This is in continuation of our earlier disclosures dated December 14, 2024 and December 16, 2024 with respect to implementation of the Ganga Expressway Project, execution of agreements and investment in Meerut Budaun Expressway Limited (“MBEL”) between the Parties. This is to inform that the Parties have completed closing under the agreements executed for implementation of the Ganga Expressway Project and the Trust has acquired 80.4% of the equity share capital and 80.4% of the debentures of MBEL.
We request you to take the above on record.
For IRB Infrastructure Developers Limited
Digitally signed by MEHULKUMAR MEHULKUMAR NATWARLAL NATWARLAL PATEL PATEL Date: 2024.12.27 17:35:42 +05'30'
Mehul Patel Company Secretary