IRB InvIT Fund Advances Acquisition of Three Toll Road Assets, Files CCI Notification 2 days ago
IRB InvIT Fund has filed a notification with the Competition Commission of India (CCI) for the proposed acquisition of three toll road assets: IRB Hapur Moradabad Tollway Limited, Kaithal Tollway Limited, and Kishangarh Gulabpura Tollway Limited. This follows previous approvals for fund raising, unitholder approval for the acquisition, and the signing of a binding term sheet. The company has made several disclosures to stock exchanges regarding the transaction progress, demonstrating regulatory compliance and transparency.
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