Unitholders of IRB InvIT Fund have approved critical strategic resolutions, including the acquisition of new assets and a mandate for future fundraising, through a postal ballot process that concluded on August 3, 2026. The approvals enable the trust to expand its infrastructure portfolio and secure necessary capital, marking a significant step in its growth trajectory. The Investment Manager, IRB Infrastructure Private Limited, declared the results on the same day, confirming that all resolutions were passed with the requisite majority.

The voting was conducted through remote e-voting facilitated by Kfin Technologies Limited (KFintech). A total of 1,63,222 unitholders were on record as of the record date. The resolutions covered asset acquisition, a project implementation agreement, fundraising capabilities, and the extension of the project manager’s term. All voting was conducted electronically; no physical ballots or video conferencing meetings were utilized for this exercise.

Voting Results Overview

The voting results demonstrate broad support across different unitholder categories. Institutional holders showed near-unanimous support for most resolutions, while non-institutional public unitholders also voted overwhelmingly in favor, albeit with slightly higher dissent in the fundraising resolution.

Note: Votes polled exclude invalid/abstained votes and related party votes where specified.

Resolution Details

Resolution 1: Acquisition of Assets Passed with an ordinary majority, this resolution received 99.87% support from polled votes. Sponsor and related parties held 22,97,40,000 units and voted entirely in favor. Public institutional holders, holding 52,58,62,230 units, also voted unanimously in favor. Non-institutional public holders showed 99.41% support.

Resolution 2: Project Implementation Agreement This resolution, approving agreements between the Trust, IRB Infrastructure Developers Limited, and other entities, passed with an ordinary majority. It garnered 99.93% support from polled votes. Participation from sponsors was minimal (10,000 votes), while institutional holders provided substantial backing.

Resolution 3: Fund Raising Mandate Requiring a special majority, this resolution saw the highest participation rate at 67.05% of outstanding units. It passed with 99.46% support. Notably, sponsor-related entities voted almost entirely (99.90% of their holdings) in favor. Non-institutional public unitholders showed slightly higher dissent at 2.28%, compared to 0.28% among institutional holders.

Resolution 4: Project Manager Term Extension Passed with an ordinary majority, this resolution approved the extension of the project manager’s term under amended agreements. It received 99.92% support from polled votes, with similar voting patterns to Resolution 2.

What the Numbers Show

The high participation rate for the fundraising resolution (67.05%) compared to others (~50%) suggests heightened interest or concern among unitholders regarding capital structure changes. However, the overwhelming support (99.46%) indicates confidence in the Investment Manager’s strategy. The near-unanimous backing from institutional holders underscores strong alignment with the trust’s operational direction, while the slight dissent in retail categories reflects typical risk aversion toward leverage or dilution risks associated with fundraising.

IRB InvIT Fund will announce its financial results for the quarter ended June 30, 2026, on July 23, 2026. The Trust intends to host an earnings call the following day, on July 24, 2026, at 11:00 am IST, allowing investors and analysts to engage with senior management from IRB Infrastructure Private Limited, the Investment Manager.

The results release and subsequent conference call provide stakeholders with an opportunity to review the Trust’s operational and financial performance for the first quarter of FY27. The earnings call is scheduled to last 45 minutes, during which management will address questions regarding the Trust’s recent developments and future outlook.

Earnings Call Details

The earnings call will be conducted via telephone conference. Participants are advised to dial in five to ten minutes before the scheduled start time to receive instructions from the operator. A recording and transcript of the call will be made available on the Trust’s website after the event.

Investors may pre-register using the provided Diamond Pass link to bypass wait times during the conference call.

Forward-Looking Statements

The Trust notes that certain statements made during the call or presentation may constitute forward-looking statements. These statements are subject to risks and uncertainties, including government actions, political or economic developments, and technological risks. The Trust and Investment Manager disclaim responsibility for actions taken based on such statements and do not undertake any obligation to update them publicly.