irb infrastructure developers announced through its associate IRB Infrastructure Trust that Meerut Budaun Expressway Limited, the project SPV for Ganga Expressway Group 1, will commence trial run traffic operations on the Meerut to Budaun corridor from April 30, 2026. The announcement follows the inauguration of the six-lane greenfield Ganga Expressway by Prime Minister Narendra Modi on April 29, 2026. Toll collection on the corridor is expected to commence soon after the trial runs.

Project Details

The Meerut-Budaun corridor represents Group 1 of the Ganga Expressway project, featuring the following specifications:

The corridor traverses through six districts of Uttar Pradesh: Meerut, Hapur, Bulandshahar, Amroha, Sambhal and Budaun. Major structures include a 1 km long Ganga River Bridge, 9 major flyovers, 5 major bridges, 5 interchange flyovers, 14 minor bridges and 90 vehicular underpasses.

Strategic Impact

Virendra D. Mhaiskar, Chairman and Managing Director of IRB Group, highlighted that the corridor will significantly enhance regional connectivity and drive economic growth while enabling more efficient travel through reduced time, cost and environmental impact. The expressway provides the fastest road connectivity between the National Capital Region (NCR) and Eastern Uttar Pradesh and Bihar, reducing travel time by almost 50%.

The project offers easy access for Northern States, Punjab, Haryana and Delhi through Meerut via the Delhi-Meerut Expressway and Eastern Peripheral Expressway. It is expected to improve logistics and trade for agriculture and industrial sectors of Punjab and Haryana, de-congest the NCR and Delhi, and promote religious tourism through connectivity to pilgrimage places like Varanasi and Prayagraj.

IRB Group Portfolio

With the commissioning of this project, all projects in IRB Infrastructure Trust's portfolio are revenue generating. IRB Group has invested a total of approximately Rs.25,000 crore across five highways in Uttar Pradesh comprising three BOT and two TOT projects, all of which are now operational. These include the Agra-Etawah BOT Project, Hapur-Moradabad BOT Project, Lucknow-Ayodhya-Gorakhpur TOT Project, and Lucknow Sultanpur TOT Project.

IRB Group, comprising IRB Infrastructure Developers Limited and two listed Infrastructure Investment Trusts (IRB Infrastructure Trust and IRB InvIT Fund), is India's largest toll road concessionaire with an assets portfolio of 28 highways having approximately 17,500 operational lane kms and an asset base of approximately Rs.94,000 crore spread across 13 Indian states.

IRB Infrastructure Developers Limited has announced its participation in an upcoming investor conference, informing stock exchanges about scheduled meetings with institutional investors and analysts.

Meeting Details

The company's senior management will participate in meetings at the Barclays Premier Fixed Income Investor Event scheduled for April 17, 2026. The following details have been confirmed:

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has specifically noted that no unpublished price sensitive information (UPSI) is expected to be shared during these meetings.

The notification was signed by Mehul Patel, Company Secretary, and dated April 13, 2026. The communication was addressed to both BSE Limited and National Stock Exchange of India Limited as part of the company's disclosure obligations.

Corporate Information

IRB Infrastructure Developers Limited operates from its corporate office located at IRB Complex, Chandivali Farm, Chandivali Village, Andheri (E), Mumbai. The company maintains ISO certifications including ISO 9001, ISO 14001, ISO 45001, and ISO 27001, reflecting its commitment to quality and management standards.