IRB InvIT Fund has scheduled a board meeting of its Investment Manager for February 11, 2026, to review quarterly financial results and consider distribution declaration for unitholders.

Board Meeting Agenda

The meeting will address two primary items of business:

Distribution Timeline

For the proposed 3rd distribution, the company has established a clear timeline for unitholders:

The record date of February 16, 2026 will determine eligibility for the distribution, contingent upon the board's approval during the scheduled meeting.

Corporate Communication

The formal intimation was communicated to both major stock exchanges on February 6, 2026. IRB Infrastructure Private Limited, serving as the Investment Manager to IRB InvIT Fund, issued the notification through Company Secretary & Compliance Officer Swapna Arya. The communication was addressed to BSE Limited and National Stock Exchange of India Limited, with IDBI Trusteeship Services Limited copied as the trustee.

The announcement follows standard regulatory protocols for infrastructure investment trusts, ensuring transparency in financial reporting and distribution processes for unitholders.

IRB Infrastructure Developers has successfully completed the transfer of VM7 Expressway Private Limited to IRB InvIT Fund, receiving Rs.513 crores as equity consideration. The transaction, announced on February 2, 2026, marks the completion of a strategic asset transfer that will reduce the company's consolidated debt by approximately Rs.700 crores.

Transaction Details

The transfer involves the complete handover of VM7 Expressway Private Limited, which operates the Gandeva Ena Hybrid Annuity Model (HAM) project. This asset forms part of the upcoming New Delhi Mumbai Greenfield Expressway and represents a key component of NHAI's Package-VII under India's Bharatmala Pariyojana.

Strategic Impact and Management Commentary

Virendra D. Mhaiskar, Chairman & Managing Director of IRB Infrastructure Developers, emphasized the transaction's alignment with the company's Bid–Execute–Stabilize–Transfer strategy. The deal demonstrates effective capital recycling and value realization from matured assets while reinforcing disciplined portfolio optimization.

"The transaction has reinforced our strategy demonstrating effective capital recycling and value realization from matured assets," stated Mhaiskar. He added that the proceeds will facilitate IRB's pursuit of future growth opportunities in the infrastructure sector.

Enhanced InvIT Fund Portfolio

With this acquisition, IRB InvIT Fund has strengthened its operational portfolio significantly. The trust now manages 10 highway assets across multiple Indian states, providing diversified geographical exposure and enhanced revenue stability.

About IRB Group

IRB Group comprises IRB Infrastructure Developers Limited and two listed Infrastructure Investment Trusts. The group operates as India's leading toll road concessionaire with an assets portfolio of 28 highways covering approximately 17,500 operational lane kilometers and an asset base of approximately Rs.94,000 crores spread across 13 Indian states.

The group maintains a significant market share of 44% in the awarded TOT space through 6 TOT assets, complemented by the largest BOT portfolio of 18 highway assets and 4 hybrid annuity highway assets. With daily movement of around 1.5 million vehicles across its highway assets, the group contributes approximately 10% to national toll revenue.