IRB InvIT Fund acquires ₹8,436 crore highway assets
pre-market1 source ↓written by the desknot a recommendation
- from IRB Infrastructure
- ₹8,436 crore
- project count
- 6 to 9
IRB InvIT Fund has expanded its portfolio by acquiring three highway projects valued at ₹8,436 crore from IRB Infrastructure Trust. This acquisition includes key assets in Uttar Pradesh and Haryana, increasing the fund's project count from 6 to 9.
This strategic move enhances the fund's geographical presence and may positively impact investor sentiment in the infrastructure sector.
Not investment advice. For informational purposes only.