VR Logo

IRB Infrastructure Developers: Intimation Under Reg 30 Of SEBI LODR

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that the Company has entered into definitive agreement with India Toll Roads - Foreign Portfolio Investor for raising of funds by issuance of non-convertible debentures upto Rs. 2 220 Crores subject to satisfactory completion of procedural conditions. The proceeds would be utilised for repayment of existing loans upto Rs. 1 600 crore and balance for meeting capex requirements and general corporate purposes.

Click here to view PDF