IRB InvIT Fund will conduct its 9th Annual Meeting of Unitholders on July 23, 2026, at 11:00 am IST via Video Conferencing. The meeting seeks approval for the audited standalone and consolidated financial statements for the year ended March 31, 2026. Unitholders will also consider the appointment of KPMG Valuation Services LLP as the valuer for the Trust and its Project SPVs for the financial year 2026-27 at a remuneration of ₹30,00,000 plus applicable goods and services tax.

The Investment Manager’s Board approved the convening of this meeting to facilitate shareholder participation. KPMG Valuation Services LLP, registered with the Insolvency and Bankruptcy Board of India under registration number IBBI/RV-E/06/2020/115, is proposed as the independent valuer. The firm is not an associate of the Sponsor, Investment Manager, or Trustee.

Remote e-voting commences on July 18, 2026, at 9:00 am and concludes on July 22, 2026. The cut-off date for determining unitholder eligibility is July 16, 2026. Participation at the meeting through video conferencing will be allowed on a first-come-first-served basis for the first 1,000 unitholders. Mihen Halani & Associates has been appointed as the scrutinizer for the e-voting process.

Key Meeting Details

The intimation regarding the meeting was submitted to the stock exchanges on June 25, 2026. The filing was made by Swapna Arya, Company Secretary and Compliance Officer of IRB Infrastructure Private Limited, the Investment Manager to the Trust.

IRB InvIT Fund reported a 47% year-on-year surge in net distributable cash flows to ₹7,060.61 million for the financial year ended March 31, 2026. The Trust declared a distribution of ₹6.60 per unit, aggregating approximately ₹706 crore, while its enterprise value rose to approximately ₹18,250 crore following the acquisition of four new assets.

The Trust’s total consolidated income grew by 42% year-on-year, driven by the addition of three BOT assets and one HAM asset. This expansion increased the portfolio to ten operational highway assets spanning 4,445 lane kms. The acquisitions were funded through a Qualified Institutional Placement and a preferential issue, which collectively raised ₹4,250 crore.

Financial Performance

The Trust’s robust operational performance was reflected in its financial metrics. Net distributable cash flows grew 47% to ₹7,060.61 million in FY26 from ₹4,804.73 million in the previous year. This growth supported the distribution of ₹6.60 per unit, which totaled approximately ₹706 crore for the year.

Total consolidated income increased by 42% during the year. The Trust’s enterprise value expanded to approximately ₹18,250 crore as of March 31, 2026, up from around ₹8,000 crore at the beginning of the year. This valuation was bolstered by the acquisition of IRB Hapur Moradabad Tollway Limited, Kaithal Tollway Limited, Kishangarhulpa Tollway Limited from IRB Infrastructure Trust and VM7 Expressway Private Limited from the Sponsor.

Capital Raising and Debt

To fund these acquisitions, the Trust successfully raised ₹4,250 crore through a Qualified Institutional Placement and a preferential issue. Additionally, it reduced borrowing costs by 90 basis points and raised long-term Non-Convertible Debentures at competitive rates to optimize its capital structure.

Asset Portfolio

The Trust now manages a diversified portfolio of ten revenue-generating highway assets, comprising eight BOT assets and two HAM assets. The weighted average residual concession life of the portfolio is approximately 21 years, providing strong visibility of long-term cash flows through predictable toll revenues and recurring O&M income.

Governance and Compliance

The Trust maintained its AAA credit rating, reaffirmed by both India Ratings and Research and CARE Ratings, underscoring the quality of its assets and disciplined capital management. The annual report for FY26 has been dispatched to unitholders and is available on the Trust’s website.