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

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.