IRB board gives nod to asset transfer worth ₹8,450 cr
The IRB Infrastructure and Developers board on Friday approved a proposal to transfer three road assets of IRB Infrastructure Trust to IRB InvIT Fund. The three BOT (build-operate-transfer) assets — IRB Hapur Moradabad Tollway, Kaithal Tollway and Kishangarh Gulabpura Tollway — have an enterprise value of ₹8,450 crore, IRB Infrastructure and Developers said in an…