IRB Infrastructure secures major project management role for TOT-17

IRB Infrastructure Developers' audit committee and board of directors approved a material related party contract on December 21, 2025. The company will act as project manager for the IRB Infrastructure Trust’s "Private InvIT" in relation to the TOT-17 Project, implemented through IRB Harihara Corridors Private Limited. This agreement is subject to shareholder and other necessary approvals.

The company will serve as project manager for a 20-year revenue-linked concession period, with an estimated aggregate value of up to INR 6,785 crores, inclusive of 18% GST. The Private InvIT, an associate of IRB Infrastructure, holds 51% of the unitholding in the Trust.

Additionally, the board resolved to convene an Extraordinary General Meeting (EGM) on January 13, 2026. The EGM will seek shareholder approval for material related party transactions concerning the Lucknow-Ayodhya-Gorakhpur Section of NH-28 (New NH-27) and Lucknow-Sultanpur (NH-731) in the TOT-17 Project.