IRB Invit Fund has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of Directors of the Investment Manager of IRB InvIT Fund, at its meeting on October 8, 2025, approved raising of up to INR 1,800 crores through non-convertible debt securities on a private placement basis. The NCDs will be issued in one or more tranches or series to eligible investors permitted under applicable laws. The Board has also authorised the Committee of Directors to take all necessary steps and incidental actions related to this debt raise. This follows an earlier disclosure dated October 3, 2025. The coupon rate, tenure, and end-use of the proceeds have not been disclosed in this filing.
This is a sizeable debt raise that will increase the InvIT's overall borrowings — investors should watch for the coupon rate (cost of debt) and the stated purpose of funds, as these will affect distributions and unit-holder returns.