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Outcome of board meeting of IRB Infrastructure Developers

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Capital Market
Last Updated : Sep 23 2015 | 5:28 PM IST

Held on 23 September 2015

IRB Infrastructure Developers announced that the Board of Directors of the Company at its meeting held on 23 September 2015, has approved :

1. Formation of Infrastructure Investment Trust ("the Trust") by the Company and to act as Sponsor of the Trust and;

2. Constitution of a committee of Directors to facilitate formation of the Trust and to deal with matters incidental and ancillary thereto;

3. Authorized aforesaid committee of Directors to transfer undertaking/s of the Company to the Trust.

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First Published: Sep 23 2015 | 4:23 PM IST

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