IRB InvIT Fund has announced that Care Ratings Limited has reaffirmed its credit rating, maintaining the CARE AAA; Stable rating for the infrastructure investment trust. The rating reaffirmation was communicated to both BSE Limited and National Stock Exchange of India Limited on April 1, 2026, in compliance with SEBI (Infrastructure Investment Trusts) Regulations, 2014 and SEBI Master Circular requirements.

Rating Details and Facility Information

The credit rating reaffirmation covers two key components of the trust's financial structure. Care Ratings Limited has maintained the CARE AAA; Stable rating for both the long term bank facilities and the issuer rating.

The long term bank facilities amount has been reduced to Rs. 2,501.11 crore from the previous Rs. 2,728.18 crore, representing a decrease in the facility size while maintaining the same high credit rating.

Rating Scope and Limitations

Care Ratings Limited has specified important limitations regarding the scope of this rating. The rating pertains specifically to debt at the fund level and does not cover two critical aspects of the trust's operations. It does not address the fund's ability to pay envisaged returns to unitholders or the debt servicing ability of underlying special purpose vehicles (SPVs) of the Trust.

This distinction is crucial for investors and stakeholders to understand, as it clarifies that while the fund-level debt maintains a strong AAA rating, the rating does not extend to operational performance metrics or subsidiary-level obligations.

Regulatory Compliance and Documentation

The rating reaffirmation was announced in compliance with SEBI (Infrastructure Investment Trusts) Regulations, 2014, as amended, and SEBI Master Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025. IRB Infrastructure Private Limited, serving as the Investment Manager to IRB InvIT Fund, communicated this development to the stock exchanges.

The detailed rating rationale has been made available through Care Ratings Limited's official documentation, providing stakeholders with comprehensive information about the factors supporting the rating reaffirmation. IDBI Trusteeship Services Limited, acting as the trustee, has also been informed of this rating development as part of the standard communication process.

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.

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.