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 December 22, 2025, approved raising debt of up to INR 1,270 crores through term loans, bonds, non-convertible debentures, or any other permitted form of borrowing, in one or more tranches or series. The proceeds will be used for the acquisition of VM7 Expressway Private Limited. A Committee of Directors has been authorised to finalise and execute the debt raise. The trading window for dealing in the Trust's securities will reopen from December 26, 2025.
The acquisition will be funded through debt rather than equity, meaning existing unitholders avoid dilution but the InvIT's leverage and interest obligations will rise. Successful acquisition of VM7 Expressway could expand the trust's toll-road portfolio and potentially support future distributions, provided the new asset generates stable cash flows.