IRB Invit Fund has informed the Exchange regarding Outcome of Extraordinary General Meeting held on 01/11/2025
Awaiting price reaction for this filing.
IRB InvIT Fund held an Extra Ordinary Meeting of Unitholders on November 1, 2025 via video conferencing to seek approval for issuance of units on a preferential basis. Out of 57,128 unitholders on the record date, 32 attended through VC. A total of 75.49 crore units (67.29% of outstanding 112.19 crore units) were polled through remote e-voting. The resolution was passed with a special majority, with 98.19% of votes (74.13 crore units) in favour and only 1.81% (1.36 crore units) against. KFin Technologies served as the e-voting agency. Votes from related parties were excluded from the final tally.
The preferential unit issuance has been cleared by unitholders, meaning the InvIT can now raise fresh capital by issuing new units to select investors, which may dilute existing unitholders' stake but provides growth capital. The overwhelming 98%+ approval indicates strong institutional and public confidence in the proposal.