Chairman and Managing Director Virendra D Mhaiskar said, “Our asset portfolio continues to excel with 21% revenue growth in the current quarter. We have embarked on a strategic journey of asset rotation and unlocking the true value of our investments. This initiative includes a non-binding offer to Public InvIT and a value-enhancing initiative across our portfolio.”
In the December quarter, IRB Infrastructure Trust made a non-binding offer to IRB InvIT Fund to transfer five toll assets having an enterprise value of Rs 15,000 crore as of September 2024.
