News > IRB Infrastructure and GIC Affiliates invest Rs 242.50 cr in IRB Infrastructure Trust
IRB Infrastructure and GIC Affiliates invest Rs 242.50 cr in IRB Infrastructure Trust
Business Standard | 22/04/2022 11:10 AM | Click to read full article
IRB Infrastructure Developers announced that its associate company - IRB Infrastructure Trust has successfully completed fundraising by way of Rights Issue of Units amounting to Rs. 242.50 crore from existing unitholders.
The Company is the Sponsor and 51% unitholder of the Private InvIT, invested Rs. 123.68 crore and GIC Affiliates holding 49% units have invested Rs. 118.82 crore.