IRB Infrastructure Trust has approved raising debt of up to Rs 12,500 crore, primarily to refinance existing project loans of six project SPVs. The decision was taken by the Board of Directors of the Investment Manager to the Trust at its meeting held on June 16, 2026. This capital raising initiative is subject to receipt of necessary approvals, following which the Trust and the respective Project SPVs will enter into agreements regarding the proposed facility.

The Board also convened the 7th Annual Meeting of the Unitholders of the Trust, scheduled for Thursday, July 23, 2026. The meeting will be conducted through Video Conference or other Audio Visual Means. Additionally, the Annual Report of the Trust for the financial year 2025-26 will be presented during the meeting.

In another key decision, the Board approved the appointment of M/s. KPMG Valuation Services LLP as the valuer of the Trust and its Project SPVs for the financial year 2026-27. This appointment is subject to the approval of the unitholders. KPMG Valuation Services LLP holds an IBBI registration number IBBI/RV-E/06/2020/115.

Key Approvals

A High Court has issued an order restraining Mumbai-Pune Expressway from collecting INR 1 billion from a unit of irb infra trust , providing the company with interim legal relief in the ongoing dispute.

Court Order Details

The High Court's directive specifically prohibits Mumbai-Pune Expressway from proceeding with the collection of the disputed INR 1 billion amount from the IRB Infra unit. The court's intervention signals a significant development in the legal proceedings between the two parties.

Significance of the Ruling

The High Court's order to stop the collection of INR 1 billion represents a notable legal development for the IRB Infra group. By restraining Mumbai-Pune Expressway from collecting the disputed sum, the court has provided the IRB Infra unit with protection against the financial demand while the matter remains under judicial consideration.