IRB Infra's subsidiary raises Rs 700 cr to refinance existing project loans - Shahpur Turk CSC - Common Service Centre in Sonipat IRB Infra's subsidiary raises Rs 700 cr to refinance existing project loans

03 January 2023

IRB Infra's subsidiary raises Rs 700 cr to refinance existing project loans

The subsidiary of IRB Infrastructure Trust (sponsored by IRB Infrastructure Developers Limited) -- Udaipur Tollway Limited (UTL) has announced to allot unlisted, rated, redeemable nonconvertible debentures to investors. According to a release, the company has allotted debentures of Rs 700 crore. The allotment has been done on a private placement basis.

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