IRB InvIT Fund Promoter Virendra Mhaiskar Increases Stake to 1.16%

1 min read     Updated on 31 Mar 2026, 03:59 AM
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Radhika SScanX News Team
AI Summary

IRB InvIT Fund's promoter Virendra D. Mhaiskar has increased his stake through systematic unit acquisitions totaling Rs. 15.41 crore across five trading sessions in March 2026. The purchases, executed on NSE, raised his holding from 0.96% to 1.16%, with proper regulatory disclosures filed under SEBI insider trading regulations.

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IRB InvIT Fund has disclosed that its promoter Virendra D. Mhaiskar acquired additional units worth Rs. 15.41 crore through market purchases on the National Stock Exchange. The acquisition was completed over five trading days in March 2026, resulting in an increase in his total unitholding from 0.96% to 1.16%.

Transaction Details

The unit acquisition was executed through five separate market purchases between March 23-30, 2026. The transactions involved purchases of 5.22 lakh units each, totaling 26.10 lakh units across the five-day period.

Date: Units Acquired: Transaction Value: Holding Before: Holding After:
March 23, 2026 5.22 lakh (0.04%) Rs. 3.02 crore 1.22 crore (0.96%) 1.28 crore (1.00%)
March 24, 2026 5.22 lakh (0.04%) Rs. 3.06 crore 1.28 crore (1.00%) 1.33 crore (1.04%)
March 25, 2026 5.22 lakh (0.04%) Rs. 3.09 crore 1.33 crore (1.04%) 1.38 crore (1.08%)
March 27, 2026 5.22 lakh (0.04%) Rs. 3.11 crore 1.38 crore (1.08%) 1.43 crore (1.12%)
March 30, 2026 5.22 lakh (0.04%) Rs. 3.13 crore 1.43 crore (1.12%) 1.49 crore (1.16%)

Promoter Profile

Virendra D. Mhaiskar serves as the Promoter, Chairman & Managing Director of the sponsor of IRB InvIT Fund. He holds PAN AACPM4689D and DIN 00183554, with his registered address at IRB Complex, Chandivali Farm, Saki Vihar Road, Andheri (East), Mumbai.

Regulatory Compliance

The disclosure was made under Regulation 7(2)(b) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The intimation was provided to the trust on March 30, 2026, covering all transactions executed during the period. All purchases were executed through market transactions on the National Stock Exchange.

Investment Manager Communication

The disclosure was filed by IRB Infrastructure Private Limited, which serves as the Investment Manager to IRB InvIT Fund. Company Secretary & Compliance Officer Swapna Arya signed the regulatory filing dated March 30, 2026, ensuring compliance with SEBI's continual disclosure requirements for designated persons.

The transaction values mentioned in the disclosure exclude taxes, brokerage, and other charges as per standard regulatory practice. No derivative trading was reported in connection with these unit acquisitions.

Historical Stock Returns for IRB InvIT Fund

1 Day5 Days1 Month6 Months1 Year5 Years
+0.47%+1.92%-2.39%-3.75%+16.38%+8.44%

Will Mhaiskar continue increasing his stake beyond 1.16% given the systematic nature of these purchases?

How might this promoter confidence signal impact institutional investor sentiment toward IRB InvIT Fund?

What strategic initiatives or asset acquisitions could IRB InvIT be planning that prompted this insider buying?

IRB InvIT Fund Reports 13% Y-o-Y Growth in February 2026 Toll Revenue

1 min read     Updated on 07 Mar 2026, 09:34 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

IRB InvIT Fund reported gross toll revenue of ₹1608 million for February 2026, achieving 13% year-on-year growth from ₹1418 million in February 2025. The performance was driven by eight project SPVs, with IRB Tumkur Chitradurga Tollway Limited contributing the highest revenue at ₹396 million. Three projects were recently acquired in November 2025, adding to the fund's diversified toll road portfolio.

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IRB InvIT Fund has reported strong toll revenue performance for February 2026, with its project SPVs achieving a collective gross toll revenue of ₹1608 million, marking a 13% year-on-year growth from ₹1418 million in February 2025. The revenue disclosure was submitted to stock exchanges on March 7, 2026, under Regulation 30 by IRB Infrastructure Private Limited, which serves as the Investment Manager to IRB InvIT Fund.

Revenue Performance Across Project Portfolio

The fund's eight project SPVs demonstrated varied performance levels, with several showing significant growth trajectories. The revenue breakdown reveals a diversified portfolio of toll road assets contributing to the overall growth momentum.

Project Company February 2026 (₹ millions) February 2025 (₹ millions)
IRB Tumkur Chitradurga Tollway Limited 396 357
IRB Pathankot Amritsar Toll Road Limited 150 126
IRB Jaipur Deoli Tollway Limited 176 153
M.V.R. Infrastructure & Tollways Limited 145 136
IRB Talegaon Amravati Tollway Limited 85 79
Kaithal Tollway Limited 120 107
Kishangarh Gulabpura Tollway Limited 231 203
IRB Hapur Moradabad Tollway Limited 305 257
Total Revenue 1608 1418

Key Contributors to Revenue Growth

IRB Tumkur Chitradurga Tollway Limited emerged as the largest revenue contributor, generating ₹396 million in February 2026 compared to ₹357 million in the previous year. IRB Hapur Moradabad Tollway Limited recorded the second-highest revenue at ₹305 million, up from ₹257 million in February 2025.

Recent Portfolio Additions

Three projects in the portfolio - Kaithal Tollway Limited, Kishangarh Gulabpura Tollway Limited, and IRB Hapur Moradabad Tollway Limited - were acquired by IRB InvIT Fund effective from November 1, 2025. The previous period numbers for these projects are presented for comparison purposes only.

Regulatory Compliance and Documentation

The toll revenue disclosure was formally communicated to both BSE Limited and National Stock Exchange of India Limited through a regulatory filing signed by Swapna Arya, Company Secretary & Compliance Officer of IRB Infrastructure Private Limited. The filing was also copied to IDBI Trusteeship Services Limited, which serves as the trustee for the InvIT structure.

Historical Stock Returns for IRB InvIT Fund

1 Day5 Days1 Month6 Months1 Year5 Years
+0.47%+1.92%-2.39%-3.75%+16.38%+8.44%

More News on IRB InvIT Fund

1 Year Returns:+16.38%