IRB InvIT Fund , managed by IRB Infrastructure Private Limited, has successfully completed a significant debt refinancing operation for one of its special purpose vehicles (SPVs), VK1 Expressway Limited. This move marks a crucial step in the fund's financial management strategy.

Refinancing Details

The infrastructure investment trust has drawn down debt from a previously sanctioned amount to fully repay the existing external debt of VK1 Expressway Limited. This refinancing activity follows an earlier disclosure made by the fund, indicating a planned financial restructuring.

Official Confirmation

In an official communication to the BSE Limited and National Stock Exchange of India Limited, IRB Infrastructure Private Limited, acting as the investment manager for IRB InvIT Fund, confirmed the completion of this refinancing activity. The statement, signed by Company Secretary and Compliance Officer Swapna Arya, reads:

"IRB InvIT Fund ("the Trust") has drawn down the debt from the sanctioned amount for full repayment of existing external Debt of the SPV i.e. VK1 Expressway Limited."

Implications and Outlook

This refinancing move is likely aimed at optimizing the fund's debt structure and potentially improving its financial flexibility. By replacing the existing external debt of VK1 Expressway Limited, IRB InvIT Fund may be looking to secure more favorable terms or rates, which could positively impact its overall financial health.

The successful execution of this refinancing activity demonstrates IRB InvIT Fund's proactive approach to financial management and its commitment to enhancing value for its investors. As infrastructure investment trusts continue to play a significant role in India's infrastructure development landscape, such financial maneuvers are crucial for maintaining operational efficiency and investor confidence.

Investors and market watchers will likely keep a close eye on how this refinancing impacts IRB InvIT Fund's performance and any potential benefits it may bring to the VK1 Expressway Limited project in the coming months.

IRB InvIT Fund , a prominent infrastructure investment trust, has announced a significant increase in its gross toll revenue for August 2025. The fund, which operates five project Special Purpose Vehicles (SPVs), reported a total revenue of ₹874.00 million, marking a 5% growth compared to ₹833.00 million in August 2024.

Project-wise Performance

The fund's portfolio of toll road projects showed mixed results, with four out of five projects demonstrating growth:

Key Highlights

• Top Performer: IRB Tumkur Chitradurga Tollway Limited emerged as the highest revenue generator, contributing ₹393.00 million to the total, up from ₹358.00 million in the previous year.

• Growth Leaders: IRB Jaipur Deoli Tollway Limited and IRB Talegaon Amravati Tollway Limited also showed positive growth, with revenues increasing by 7.5% and 2.9% respectively.

• Marginal Declines: Two projects experienced slight decreases in revenue. M.V.R. Infrastructure & Tollways Limited saw a 3.5% decline, while IRB Pathankot Amritsar Toll Road Limited reported a marginal 1.7% decrease.

Regulatory Compliance

The revenue report was duly submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) by IRB Infrastructure Private Limited, acting in its capacity as the investment manager for IRB InvIT Fund. This submission, dated September 8, 2025, fulfills the fund's obligations under the Listing Obligations and Disclosure Requirements (LODR) regulations.

The consistent growth in toll revenue, particularly in a challenging economic environment, underscores the resilience of IRB InvIT Fund's portfolio. Investors and market watchers will likely keep a close eye on the fund's performance in the coming months to gauge the overall health of the infrastructure sector and the effectiveness of the InvIT model in India's road infrastructure development.