IRB Infrastructure promoters confirm no new share encumbrances
IRB Infrastructure Developers filed a declaration with stock exchanges confirming that its promoters and promoter group have not created any new encumbrances on shares during FY26. The disclosure, dated April 06, 2026, was made under SEBI takeover regulations and lists five entities, including Virendra D. Mhaiskar HUF and IRB Holding Private Limited.

*this image is generated using AI for illustrative purposes only.
IRB Infrastructure Developers disclosed that its promoters and promoter group members have not created any fresh encumbrances on the company's shares during the financial year 2025-26. The declaration confirms that no shares have been pledged or otherwise encumbered directly or indirectly beyond those already disclosed. This compliance filing was submitted to the stock exchanges on April 06, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
The filing was submitted on behalf of the promoters and the promoter group, including IRB Holding Private Limited. The declaration was signed by key officials, including Virendra D. Mhaiskar in his capacity as Director of IRB Holding Private Limited and Karta of Virendra D. Mhaiskar HUF. Other signatories included Deepali V. Mhaiskar and Aryan V. Mhaiskar, acting as Promoter and Promoter Group member respectively.
Promoter and Promoter Group List
The annexure to the disclosure provides the complete list of individuals and entities classified as promoters or promoter group members as on March 31, 2026.
| Sr. No. | Name | Promoter / Promoter Group |
|---|---|---|
| 1. | Mr. Virendra D. Mhaiskar | Promoter |
| 2. | Mrs. Deepali V. Mhaiskar | Promoter |
| 3. | Virendra D. Mhaiskar HUF | Promoter |
| 4. | IRB Holding Private Limited | Promoter Group |
| 5. | Mr. Aryan V. Mhaiskar | Promoter Group |
The disclosure explicitly states that the status of share encumbrances remains limited to those reported in the previous financial period. The submission was addressed to the Corporate Relationship Department of BSE Limited and the Listing Department of National Stock Exchange of India Limited, with a copy marked to irb infrastructure developers .
Historical Stock Returns for IRB Infrastructure Developers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.05% | -4.82% | -4.20% | -50.43% | -22.80% | +216.18% |
How will the absence of fresh encumbrances impact IRB Infrastructure's ability to secure future financing for upcoming projects?
What does this stability in promoter holdings suggest about the company's confidence in its current cash flow and debt management strategies?
Could this clean status on share pledging make IRB Infrastructure a more attractive candidate for strategic partnerships or M&A activity?


































