The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 31, 2025 for IRB Holding Pvt Ltd
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 Ltd has disclosed that encumbrance on 60,39,00,000 shares (10.00% of total share capital) held by promoter IRB Holding Private Limited has been released. The encumbrance was a non-disposal undertaking held in favour of Cintra INR Investments BV. Before this release, IRB Holding held 1,78,44,23,150 shares (29.55% of share capital) with 10% already encumbered; after the release, encumbered shares stand at Nil. The release follows a Letter Agreement dated December 31, 2025 that amends the existing investment agreement between IRB, Cintra INR Investments BV, Mr. Virendra D. Mhaiskar, IRB Holding, and other promoter group members. The reporting date is December 31, 2025.
This is a positive signal — the non-disposal restriction on 10% of promoter shares has been fully waived, giving IRB Holding greater flexibility over these shares. It also reflects a modified arrangement between the promoters and their long-time investor Cintra, which may reduce overhang concerns for retail shareholders.