Postal ballot: acquire 2 toll assets, raise up to INR 3,000 cr via units or debt

IRB InvIT Fund has sent a postal ballot notice for unitholder vote on four items: (1) acquire 100% in Solapur Yedeshi Tollway and CG Tollway for INR 2,744 cr equity value (INR 4,605 cr enterprise value, about 4 percent below valuer); (2) approve project implementation agreement worth about INR 2,663 cr; (3) raise up to INR 3,000 cr via units or debt; (4) re-appoint IRB Infra as project manager for three SPVs at about INR 1,136 cr. E-voting from July 5 to August 3, 2026.