The board also gave in-principle approval for setting up of InvIT (Infrastructure Investment Trust) for the company's renewable business on terms and conditions to be discussed with potential investors.

IRB InvIT Fund is trading above all available SMAs

IRB InvIT Fund

05 Jun 2020

61.41

-0.63%

IRB InvIT's consolidated profit dips 13% to Rs 173 crore in 2019-20

Moneycontrol

Consolidated total income and gains during 2019-20 stood at Rs 1,270.09 crore, against Rs 1,233.40 crore in the previous financial year.

IRB InvIT Fund is trading above all available SMAs

IRB InvIT's gross income falls 2.76 per cent in Q4

Business Line | 05 Jun 2020

IRB InvIT Fund

04 Jun 2020

61.41

-0.63%

IL&FS; COO N Sivaraman decides to quit

Economic Times

IL&FS COO N Sivaraman decides to quitL&T Group veteran, Sivaraman was appointed as the group's chief operating officer (COO) in November 2018. He was also heading the infrastructure investment trusts (InvIT) programme. His last day at the group will be July 31, 2020, the source said. Post his decision, the Uday Kotak-led board has decided to rejig the portfolio of the top management, aimed at expediting the resolution process.

IRB InvIT Fund is trading above all available SMAs

IRB InvIT Fund

01 Jun 2020

61.41

-0.63%

Brokerage firms back InvIT, IndiGrid due to good recent performances

Business Line

Power sector InvIT, IndiGrid's recent performance has got a thumbs up from analyst firms.Equity research and brokerage house firm Edelweiss Securitie

IRB InvIT Fund is trading above all available SMAs

IRB InvIT Fund

27 May 2020

61.41

-0.63%

IndiGrid Q4 net profit doubles to Rs 99.7 crore

Moneycontrol

Revenues for the quarter increased to Rs 328.4 crore from Rs 170.5 crore in Q4 FY2019, mainly on the back of value accretive acquisitions made by the infrastructure investment trust (InvIT) during the fiscal.