IRB Infrastructure Developers Limited has scheduled a board meeting for February 13, 2026, to review its quarterly financial performance and consider key corporate actions, with particular focus on the potential issuance of bonus equity shares. The infrastructure development company announced this through a formal communication to stock exchanges on February 5, 2026.

Board Meeting Agenda

The board of directors will convene to address several important matters during the upcoming meeting, with bonus share issuance being a key consideration:

Bonus Share Consideration

The company's board will specifically deliberate on the issuance of bonus equity shares, which would be subject to obtaining necessary approvals from shareholders and regulatory authorities. This potential corporate action represents a significant development for existing shareholders, as bonus shares are typically issued from the company's reserves without any additional cost to shareholders.

Dividend Record Date and Regulatory Compliance

In accordance with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has established February 19, 2026, as the record date for interim dividend purposes. This date will determine shareholder eligibility for any interim dividend that may be declared by the board.

Trading Window Status

The company's trading window for securities remains closed and will reopen 48 hours after the announcement of financial results for the quarter and nine months ended December 31, 2025. This closure aligns with regulatory requirements to prevent insider trading during the financial results announcement period.

Corporate Communication

The formal intimation was signed by Mehul Patel, Company Secretary, and communicated to both BSE Limited and National Stock Exchange of India Limited. The board meeting represents a significant corporate event as stakeholders await the company's financial performance for the third quarter and potential returns through interim dividends and bonus share issuance.

IRB Infrastructure Developers has announced the successful completion of the transfer of its Gandeva Ena Ham project, a strategic transaction that will significantly impact the company's financial structure and debt profile.

Project Transfer Details

The infrastructure development company has completed the transfer process of the Gandeva Ena Ham project, which represents a key asset divestment in the company's portfolio optimization strategy.

Financial Impact

The completion of this project transfer has resulted in substantial financial benefits for IRB Infrastructure Developers. The company has received ₹513 crores from equity investment as part of this transaction.

Debt Reduction Strategy

The proceeds from this transaction will be utilized to strengthen the company's balance sheet through debt reduction initiatives:

Strategic Implications

This transaction aligns with IRB Infrastructure Developers' broader strategy of optimizing its asset portfolio and improving financial metrics. The reduction of consolidated debt by approximately ₹700 crores will enhance the company's financial flexibility and reduce interest burden.

The successful completion of the Gandeva Ena Ham project transfer demonstrates the company's ability to execute strategic asset transactions while maintaining operational efficiency across its infrastructure development portfolio.