IRB Infrastructure Developers has announced a strategic agreement with IRB Harihara Corridors, positioning itself as the project manager for the TOT-17 project. This development marks a significant step in the company's project management operations and reinforces its role in India's infrastructure development landscape.

Project Management Agreement Details

The agreement establishes IRB Infrastructure Developers as the designated project manager for the TOT-17 initiative, working in collaboration with IRB Harihara Corridors. This partnership structure allows the company to leverage its expertise in infrastructure project management while expanding its operational portfolio.

Strategic Implications

This agreement represents IRB Infrastructure Developers' continued focus on expanding its project management capabilities within the infrastructure sector. The TOT-17 project adds to the company's growing portfolio of managed infrastructure initiatives, demonstrating its operational expertise and market positioning.

The collaboration with IRB Harihara Corridors creates a structured approach to project execution, with clearly defined management responsibilities. This arrangement allows for specialized focus on project delivery while maintaining operational efficiency.

Infrastructure Development Focus

The TOT-17 project agreement aligns with IRB Infrastructure Developers' core business strategy of participating in major infrastructure development initiatives across India. As project manager, the company will oversee various aspects of project implementation and coordination.

This development showcases the company's ability to secure project management roles in significant infrastructure projects, reinforcing its position as a key player in India's infrastructure development sector.

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.