IRB Infrastructure Developers Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on January 13, 2026.
IRB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IRB Infrastructure Developers held an Extraordinary General Meeting (EGM) on January 13, 2026, via video conferencing, to seek shareholder approval for a material related party transaction linked to the TOT-17 highway project covering the Lucknow-Ayodhya-Gorakhpur (NH-27) and Lucknow-Sultanpur (NH-731) corridors. The promoter and promoter group were interested in the resolution, so their votes were excluded from the count. Out of 939.5 million votes polled (15.56% of the 6.04 billion outstanding shares), 99.63% were cast in favour and 0.37% against. Public institutional shareholders backed the deal strongly with 99.64% approval, while public non-institutional holders approved it with 93.84% support. The resolution was passed with substantial majority. The cut-off date for determining eligible shareholders was January 6, 2026, with 16.15 lakh shareholders on record.
The approval clears the way for IRB to proceed with the TOT-17 toll-operate-transfer project involving key UP highway corridors, with strong institutional backing suggesting comfort with the related party deal terms. Retail dissent was minimal and not material to the outcome.