IRB Infrastructure Developers has announced significant developments following its board meeting on May 20, 2026. The company has declared a fourth interim dividend of 5%, equivalent to ₹0.05 per equity share, for the financial year 2025-26. Shareholders eligible for this dividend will be identified on the record date of May 26, 2026, with payments to be made by June 18, 2026.
In a major move, IRB Infrastructure Developers has also received in-principle approval for material related party arrangements. These arrangements involve the provision of operation and maintenance services and the continuation of project management roles for several project SPVs under the IRB Infrastructure Trust. The SPVs involved include AE Tollway Limited, CG Tollway Limited, IRB Westcoast Tollway Limited, Solapur Yedeshi Tollway Limited, Yedeshi Aurangabad Tollway Limited, Udaipur Tollway Limited, Palsit Dankuni Tollway Private Limited, IRB Golconda Expressway Private Limited, Samakhiyali Tollway Private Limited, IRB Lalitpur Tollway Private Limited, IRB Kota Tollway Private Limited, and IRB Gwalior Tollway Private Limited.
These arrangements are set to commence at the end of the current project implementation agreements and will continue until the end of the original concession periods of the respective SPVs. The total estimated value of these proposed arrangements is up to ₹19,501.90 crore, excluding applicable taxes, which could bring the total to approximately ₹23,012.24 crore including GST at 18%.
IRB Infrastructure Developers has also approved its consolidated and standalone audited financial results for the quarter and year ending March 31, 2026. The auditor’s report accompanying these results indicates an unmodified opinion, suggesting no significant discrepancies or issues.
The board meeting, which commenced at 12:30 pm, concluded at 2:05 pm.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).