FilingReader Intelligence
IRB subsidiary completes Gujarat expressway project worth $21m annually
August 25, 2025 at 07:10 PM UTC•By FilingReader AI
VM7 Expressway Private Limited received provisional completion for a 25.07 km section of the Vadodara Mumbai Expressway project, effective May 31, 2025.
The achievement enables IRB Infrastructure Developers' subsidiary to receive semi-annual annuity payments from NHAI for 15 years, generating approximately INR 180 crores annually.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:IRB•Bombay Stock Exchange
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