Completes Acquisition of 100% Equity in Solapur Yedeshi Tollway and CG Tollway

IRB InvIT Fund has completed the acquisition of 100% of the equity share capital of Solapur Yedeshi Tollway Limited (SYTL) and CG Tollway Limited (CGTL) from IRB Infrastructure Trust (the Private InvIT).

Wed 30 Sep 2026

Acquired Companies

Solapur Yedeshi Tollway Limited (SYTL) and CG Tollway Limited (CGTL)

Equity Share Acquired

100%

Seller

IRB Infrastructure Trust (the Private InvIT)

Earlier Disclosure Date

September 29, 2026

Asset Type

Toll road special purpose vehicles (SPVs)

What was announced

IRB InvIT Fund has completed the acquisition of 100% of the equity share capital of each of two road project companies from IRB Infrastructure Trust, referred to as the Private InvIT.

The two companies acquired are

• Solapur Yedeshi Tollway Limited (SYTL)
• CG Tollway Limited (CGTL)

They are together referred to in the update as the Project SPVs.

Background

The Fund had earlier disclosed the proposed acquisition on September 29, 2026, along with other prior communication on the same transaction. This update confirms that the transaction has now been completed.

What it means in simple terms

An InvIT (Infrastructure Investment Trust) owns income-generating infrastructure assets, such as toll roads, through special purpose vehicles. By completing this purchase, IRB InvIT Fund now owns these two toll road SPVs outright, which adds them to its portfolio of assets.

The seller, IRB Infrastructure Trust, is a private InvIT within the same group, so this is a transfer of assets between related entities of the sponsor group.

For unitholders

Acquisitions of operating road assets change the size and mix of the assets from which the Fund earns toll revenue and, in turn, makes distributions. The completion status is the key update here: the transaction has moved from proposed to concluded.

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