IRB InvIT Fund Board Meeting Scheduled as Investment Manager Considers New Fund Raising Strategy
IRB Infrastructure Private Limited, acting as the Investment Manager for the IRB InvIT Fund, has scheduled a board meeting to address potential fund raising activities for the trust.The board of directors is set to convene on Wednesday, August 26, 2026. The primary agenda item for the meeting includes reviewing and approving methods for raising funds. This may involve issuing units, non-convertible debentures/securities (NCDs), or other debt instruments permitted under relevant regulations. The meeting will also cover the issue of notices to unitholders regarding the proposed fund raise, where applicable.
In addition to the board meeting concerning future capital mobilization, an important operational update was issued regarding market trading. As part of adherence to specific conduct guidelines for designated persons and their immediate relatives, the trading window for dealing in the units of IRB InvIT Fund has been closed and will remain closed until further notice is provided to the stock exchanges.
IRBINVIT Stock Price Movement
IRB InvIT Fund shareholders saw the equity gain 1.45% on Friday, closing out the session at ₹64.15. This climb came as the InvIT hit its 52-week high, with volume reaching 461,612 shares after trading within a range of ₹63.51 to ₹64.51.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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