IRB Infrastructure Developers Limited has notified stock exchanges regarding a structural change in its statutory auditor's business organization. The company informed BSE Limited and National Stock Exchange of India Limited on January 15, 2026, about this regulatory compliance update.

Auditor Conversion Details

The company's statutory auditor, M S K A & Associates, Chartered Accountants, has undergone a business structure transformation. The firm has been converted into a Limited Liability Partnership under the provisions of the Limited Liability Partnership Act, 2008.

Continuity of Audit Services

The conversion to LLP structure will not impact the auditor's responsibilities or tenure with IRB Infrastructure Developers. M S K A & Associates LLP will continue to function and discharge their obligations as the statutory auditor for their remaining tenure. This ensures continuity in audit services without any disruption to the company's statutory compliance requirements.

Regulatory Compliance

The notification was submitted to both major stock exchanges where IRB Infrastructure Developers shares are listed. Company Secretary Mehul Patel signed the intimation letter digitally, ensuring proper documentation of this corporate governance update. The communication was addressed to the Corporate Relationship Department of BSE Limited and the Listing Department of National Stock Exchange of India Limited.

This conversion represents a routine business structure change that allows the auditing firm to operate under the LLP framework while maintaining their professional chartered accountancy services. The change aligns with regulatory provisions under the Limited Liability Partnership Act, 2008, which provides an alternative business structure for professional service firms.

IRB Infrastructure Developers Ltd's Sindhudurg Airport achieved a significant operational milestone on January 3, 2026, receiving approval from the Directorate General of Civil Aviation (DGCA) for 24x7 day-and-night, all-weather flight operations. This certification marks a substantial upgrade in the facility's operational capabilities and positions it as a more reliable aviation gateway for Maharashtra's Konkan region.

Enhanced Operational Capabilities

The DGCA approval encompasses several critical operational enhancements that significantly improve the airport's functionality:

The IFR certification allows aircraft to operate during low visibility and adverse weather conditions, while the published satellite-based RNP procedures provide pilots with precise instrument approach guidance. The availability of backup navigation aid ensures operational reliability throughout the year by offering a dependable non-satellite alternative.

Record Passenger Traffic Growth

Sindhudurg Airport demonstrated strong operational performance in December, achieving several significant milestones:

The airport has doubled its aircraft parking infrastructure to accommodate the rising traffic, expanding capacity from three to six aircraft stands. This infrastructure enhancement supports the facility's growing passenger base and operational requirements.

Regional Connectivity Impact

The enhanced operational capability is expected to strengthen Sindhudurg's role as an important aviation gateway for the Konkan region. The 24x7 all-weather operations will support tourism, business travel, and regional connectivity while improving airline confidence through more consistent scheduling possibilities.

Captain Jai S Sadana, Chief Adviser and Head of IRB Sindhudurg Airport, emphasized the significance of this development: "The approval for 24x7 all-weather operations significantly enhances the airport's reliability and operational capability. This will encourage airline confidence, support sustained traffic growth, and contribute meaningfully to economic and tourism development across the Konkan region."

Future Connectivity Plans

The airport's connectivity is set to expand further with the anticipated launch of the Mumbai-Sindhudurg route under the state regional connectivity scheme in the coming months. This new route will improve connectivity for Konkan region residents and facilitate easier access for visitors from across India, supporting the region's tourism and economic development objectives.