IRB Invit Fund has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
IRB InvIT Fund has submitted its Annual Secretarial Compliance Report for the year ended March 31, 2026, prepared by Practicing Company Secretaries Mihen Halani & Associates. The report covers compliance with SEBI InvIT Regulations, LODR, PIT Regulations, NCS Regulations, and Depositories Regulations. SEBI issued an advisory to the Trust on March 16, 2026, requiring it to strengthen mechanisms for monitoring related party transactions between the Project Manager and its associates to ensure arm's length pricing and proper record-keeping, and to improve Audit Committee documentation of vigil mechanism reviews. The Investment Manager has submitted responses and action taken reports to SEBI, which the Practicing CS considers adequate. The report also notes that prior observations from SEBI letters dated March 28, 2025 and February 6, 2025 have been fully complied with. Actions noted against the Trustee (IDBI Trusteeship Services Limited) relate to other InvITs and are not applicable to this Trust.
The SEBI advisory on transaction monitoring and vigil mechanism documentation represents a regulatory concern that investors should note, though the Investment Manager has responded adequately and prior compliance issues have been resolved. No immediate material impact on unit price expected as the responses are found satisfactory.