IRB Invit Fund has informed the Exchange regarding Submission of the Compliance Report on Corporate Governance for the Q4 FY 2024-25
Awaiting price reaction for this filing.
IRB InvIT Fund, through its Investment Manager IRB Infrastructure Private Limited, has submitted its quarterly and annual Compliance Report on Corporate Governance for the quarter and year ended March 31, 2025, to BSE and NSE. The report covers board composition (6 directors, including 2 independent), and the composition and meetings of four committees: Audit, Nomination & Remuneration, Stakeholder Relationship, and Risk Management. The board held two meetings during the quarter on January 27, 2025 and February 13, 2025, with quorum met at both. All affirmations under SEBI InvIT Regulations are marked compliant, including website disclosures, annual secretarial compliance, related party transaction approvals, and code of conduct adherence. One director (Vinod Kumar Menon) ceased on February 28, 2025, and another (Jitender Kumar Chauhan) was appointed on March 1, 2025.
This is a routine regulatory compliance filing with no material business or financial impact. It reassures unitholders that governance norms under SEBI InvIT Regulations are being followed, but is unlikely to move the unit price.