Subject: Update on temporary suspension of Toll Collection of IRB Pathankot Amritsar Toll Road Limited
This is to inform you that toll collection on IRB Pathankot Amritsar Toll Road Limited, one of the Project SPVs of IRB InvIT Fund ("Trust") has been temporarily suspended due to farmers' agitation in the State of Punjab. The Project SPV has taken necessary steps within ambit of the concession agreement to protect the interest of the Trust.
Thisis for your information and record.
For IRB Infrastructure Private Limited (Investment Manager to IRB InvIT Fund)
IRB InvIT Fund published this content on 26 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 December 2022 11:20:08 UTC.
IRB InvIT Fund is an India-based infrastructure investment trust. The Trust owns, operates and maintains a portfolio of toll road concessions. The Company manages six operational road assets in the states of Maharashtra, Rajasthan, Karnataka, Tamil Nadu, Gujarat and Punjab. The Companyâs projects include Tumkur to Chitradurga NH 4 Project, Jaipur - Deoli NH 12 Project, Omalur - Salem - Namakkal NH 7 Project, Talegaon - Amravati NH 6 Project, Pathankot - Amritsar NH 15 Project, and Vadodara Kim Expressway. The Company's subsidiaries include IDAA Infrastructure Limited, IRB Talegaon Amravati Tollway Limited, IRB Jaipur Deoli Tollway Limited, IRB Surat Dahisar Tollway Limited, IRB Tumkur Chitradurga Tollway Limited, M.V.R Infrastructure and Tollways Limited, and IRB Pathankot Amritsar Toll Road Limited.