IRB InvIT Fund reported gross toll revenue of ₹1,601 million for June 2026, representing an increase of approximately 8% on a year-on-year basis from ₹1,488 million in the same period last year. The revenue figures were disclosed by the Investment Manager, IRB Infrastructure Private Limited, in a regulatory filing submitted to the exchanges on July 8, 2026.

The aggregate revenue was generated across eight project Special Purpose Vehicles (SPVs). IRB Hapur Moradabad Tollway Limited contributed the highest share with ₹317 million, followed by IRB Tumkur Chitradurga Tollway Limited at ₹369 million. Other significant contributors included Kishangarh Gulabpura Tollway Limited at ₹223 million and IRB Jaipur Deoli Tollway Limited at ₹188 million.

Operational Updates

The filing noted specific operational adjustments regarding revenue recognition. For IRB Tumkur Chitradurga Tollway Limited, the revenue is net of the revenue from the Tumkur bypass stretch for the previous period to ensure accurate comparison. Additionally, four projects—Kaithal Tollway Limited, Kishangarh Gulabpura Tollway Limited, IRB Hapur Moradabad Tollway Limited, and IRB Talegaon Amravati Tollway Limited—were acquired by the Trust effective November 1, 2025, though prior period figures are included for comparison.

A significant procedural change was highlighted for M.V.R. Infrastructure & Tollways Limited. Pursuant to directions from the National Highways Authority of India (NHAI), FASTag and UPI collections are being remitted directly to NHAI with effect from June 18, 2026. The reported figures for this SPV reflect toll collection for the entire month.

Project-wise Revenue Breakdown

*Revenue is net of revenue from Tumkur bypass stretch for previous period for comparison purpose.

**The Projects are acquired by IRB InvIT Fund effective from November 1, 2025. However, the numbers for previous period are presented only for comparison purpose.

***Reflects Toll collection for entire month; notably, with effect from June 18, 2026, pursuant to NHAI's directions, FASTag and UPI collections are being remitted directly to NHAI.

IRB Infrastructure Trust has scheduled an Extraordinary Meeting (EM) of unitholders on July 16, 2026, via video conferencing, to seek approval for extending project implementation agreements (PIAs) for 12 project SPVs and transferring two road assets to IRB InvIT Fund. The Trust proposes to extend the term of IRB Infrastructure Developers Limited as the Project Manager for the SPVs until the end of their original concession periods. The aggregate estimated value of these PIA extensions is approximately INR 22,940.25 crore, inclusive of GST at 18%, representing about 32.75% of the Trust's assets as on March 31, 2026.

Project Implementation Agreement Extensions

The Board and Audit Committee of the Investment Manager approved the proposal on July 2, 2026. The extension covers SPVs including AE Tollway Limited, CG Tollway Limited, Solapur Yedeshi Tollway Limited, and IRB Golconda Expressway Private Limited. The agreements will be on a fixed-price basis, intended to provide cost certainty and improve cash flow stability. The amended tenure for most SPVs commences on April 1, 2030, or later depending on the initial term expiry, and continues until the end of the original concession period.

Asset Transfer to IRB InvIT Fund

Unitholders will also consider the transfer of 100% equity share capital of CG Tollway Limited and Solapur Yedeshi Tollway Limited to IRB InvIT Fund. The aggregate purchase consideration is an equity value of INR 2,744 crore, which may increase at 10% per annum if closing is delayed beyond September 30, 2026. The resulting aggregate enterprise value as of September 30, 2026, is INR 4,605 crore, accounting for existing external gross debt of INR 591 crore (SYTL) and INR 1,270 crore (CGTL). This transaction represents approximately 6.57% of the Trust's assets.

E-voting and Meeting Details

Remote e-voting will be facilitated by Central Depository Services (India) Limited (CDSL). The e-voting window opens on July 13, 2026, at 9:00 a.m. IST and closes on July 15, 2026, at 5:00 p.m. IST. The cut-off date to determine unitholder eligibility is July 9, 2026. M/s. Kaushal Dalal & Associates has been appointed as the scrutinizer for the process.