IRB InvIT seeks approval for ₹1,217 crore acquisition
after close1 source ↓written by the desknot a recommendation
- to obtain unitholder
- 24 Dec 2025
- acquisition of VM7
- ₹1,217 crore
- stretch
- 27.5-km
IRB InvIT Fund has scheduled an Extraordinary General Meeting (EGM) on 24 Dec 2025 to obtain unitholder approval for the ₹1,217 crore acquisition of VM7 Expressway Private Limited. This project, currently owned by IRB Infrastructure Developers, includes a 27.5-km stretch of the Vadodara–Mumbai Expressway.
The EGM will also address extending secured debt and shareholder loans to the SPV, facilitating the repayment of existing loans. This move may enhance investor sentiment in the infrastructure sector.
Not investment advice. For informational purposes only.