IRB InvIT Fund has notified stock exchanges regarding the conversion of its statutory auditor's firm structure under general regulatory compliance requirements. The infrastructure investment trust communicated this development to both BSE Limited and National Stock Exchange of India Limited on January 15, 2026.

Auditor Firm Conversion Details

The statutory auditor M S K A & Associates, Chartered Accountants, has undergone a structural transformation by converting into a Limited Liability Partnership. This conversion was executed under the provisions of the Limited Liability Partnership Act, 2008.

Continuity of Audit Services

The converted firm will maintain its role as statutory auditor for IRB InvIT Fund without any disruption to audit services. M S K A & Associates LLP will continue to function and discharge their obligations as the statutory auditor for their remaining tenure in this capacity.

Regulatory Communication

The notification was formally communicated to stock exchanges through IRB Infrastructure Private Limited, which serves as the investment manager to IRB InvIT Fund. The communication was signed by Swapna Arya, Company Secretary and Compliance Officer, and copied to IDBI Trusteeship Services Limited.

This conversion represents a standard corporate restructuring that allows the audit firm to operate under the LLP framework while maintaining professional continuity in their statutory audit responsibilities for the infrastructure investment trust.

IRB InvIT Fund has submitted its quarterly corporate governance compliance report for the quarter ended December 31, 2025, fulfilling regulatory requirements under SEBI InvIT Regulations. The report was filed by investment manager IRB Infrastructure Private Limited on January 15, 2026, with both BSE and NSE.

Board Composition and Leadership Structure

The investment manager's board comprises six directors, maintaining a balanced composition between executive and independent members. The leadership structure demonstrates strong governance practices with clear role definitions.

The board maintains proper independence with three independent directors, ensuring compliance with regulatory requirements. Notably, the Chairman is not related to the Managing Director or CEO, supporting governance independence.

Committee Structure and Governance

The fund operates through four key committees, each with designated leadership and proper composition to ensure effective oversight and governance.

Committee Composition Overview

All committees have regular chairpersons appointed, with independent directors leading each committee to ensure objective oversight and decision-making.

Board and Committee Meeting Activities

During Q3 FY26, the board maintained active engagement through regular meetings, demonstrating commitment to governance oversight. The board conducted six meetings between October and December 2025, with full attendance of all six directors including three independent directors.

Meeting Schedule and Attendance

The Audit Committee held three meetings during the quarter on October 8, November 13, and December 1, 2025, with full attendance of four members including three independent directors. The maximum gap between consecutive audit committee meetings was 47 days.

Regulatory Compliance Affirmations

The report includes comprehensive affirmations confirming compliance with SEBI InvIT Regulations across all governance aspects. Key compliance confirmations include:

• Board composition meets SEBI InvIT Regulations requirements
• All committee compositions comply with regulatory standards
• Committee members are aware of their powers and responsibilities
• Board and committee meetings conducted per regulatory guidelines

The previous quarter's report for the period ended September 30, 2025, was placed before the board at its November 13, 2025 meeting, with no specific comments or observations from directors. The current quarter's report will be presented at the next board meeting, maintaining the governance review cycle.