IRB INFRASTRUCTURE DEVELOPERS LTD. - 532947 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Please find attached disclosure of Investor Conference25-02-2022
25-02-2022
IRB INFRASTRUCTURE DEVELOPERS LTD. - 532947 - Announcement under Regulation 30 (LODR)-Credit Rating
This is to inform you that Fitch Ratings has upgraded the International Long-Term Issuer Default Rating on IRB Infrastructure Developers Limited''s to ''BB+'' from ''BB'', and removed the rating from Rating Watch Positive. The Outlook is Stable. India Sovereign International rating by the Fitch Ratings is one notch higher, than current issuance for IRB, at BBB- with negative outlook. For rating rationale & other information, please refer communication from Fitch Rating at https://www.fitchratings.com/site/pr/1019328012-02-2022
Q3FY22 Quarterly Result Announced for IRB Infrastructure Developers Ltd.
Roads & Highways firm IRB Infrastructure Developers declares Q3FY22 result: IRB Infra posts net profit at Rs. 73 Crs; 6% up against corresponding quarter of FY21 Reports Revenue of Rs.1,498 Crores; EBIDTA of Rs.957 Crores Completed equity fundraise of Rs.5,347 Crs via Preferential Issue to two investors Awarded Rs. 6,656 Crs Ganga Expressway Group 1 project Achieved financial closure for two new projects; Commenced construction on HAM project in Gujarat Toll Collection through FASTags scaled up further to 93% Order Book is Rs. 18,500 Crs; 40% up QoQ Profit before taxes would have been higher by Rs.66 crores at Rs.284 crores as against Rs.218 crores after adjusting one-time finance cost of Rs.66 crores because of prepayment of debt during the quarter. Accordingly, Profit after share of JV (after tax) would have been higher by Rs 48 crores to Rs.121 crores as against 73 crores. While commenting on the occasion, Mr. Virendra D. Mhaiskar, Chairman & Managing Director of the Company said, “It is an utmost pleasure to present the new unparalleled IRB to the world – owning one of the largest portfolio of road assets, backed by marquee eminent investors, with strong & lean balance sheet, having access to large pool of capital and the company with one of the best execution capabilities in the sector. The focus on improving our ESG practices will further strengthen our positioning, so also will the deployment of latest technologies across business functions to improve stakeholders experience.” He further said, “Q3FY22 was action packed for us and witnessed some remarkable feats on order wins front, which is expected to continue considering our efficient balance sheet and recently announced Infra Capex plan in the Union Budget 2023 by the Hon’ble Finance Minister. IRB’s unique business model will involve regular monetization of its stabilized assets to unlock significant value for its shareholders on continued long term basis.” Result PDF11-02-2022
IRB INFRASTRUCTURE DEVELOPERS LTD. - 532947 - Statement On Deviation Or Variation Of Funds Raised Through Preferential Issue
Pursuant to the provisions of Regulation 32 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, this is to inform you that there is no deviation or variation in use of proceeds raised through preferential issue for the quarter ended December 31, 2021 as mentioned in the objects stated in Private Placement Offer Letter cum Application Form dated December 22, 2021. A statement of deviation or variation for the quarter ended December 31, 2021 is attached herewith.10-02-2022
IRB INFRASTRUCTURE DEVELOPERS LTD. - 532947 - Announcement under Regulation 30 (LODR)-Change in Directorate
In compliance with provisions of Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform you following change in directorship as under: (a) Ms. Heena Raja, Independent Director of the Company has tendered her resignation as an Independent Director of the Company with effect from February 10, 2022, due to personal reasons. (b) Based on the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company unanimously approved the appointment of Ms. Priti Savla as an Additional Independent Director of the Company for a term of 5 years with effect from February 10, 2022.10-02-2022
IRB INFRASTRUCTURE DEVELOPERS LTD. - 532947 - Press Release And Un-Audited Consolidated & Standalone Financial Results For The Quarter And Nine Months Ended December 31, 2021 Along With The Limited Review Report
Press Release and Un-audited Consolidated & Standalone Financial Results for the quarter and nine months ended December 31, 2021 along with the Limited Review Report10-02-2022
IRB INFRASTRUCTURE DEVELOPERS LTD. - 532947 - Board Meeting Outcome for Outcome Of Board Meeting Held On Thursday, February 10, 2022 Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended ('SEBI Listing Regulations').
Please note that Board of Directors of the Company (which expression shall be deemed to include any Committee(s) thereof and hereinafter referred to as the 'Board') at its meeting held on February 10, 2022 has approved the following: 1. the Un-audited Consolidated & Standalone Financial Results for the quarter and nine months ended December 31, 2021. A copy of the results along with the Limited Review Report is enclosed herewith. 2. Ms. Heena Raja has tendered her resignation from the post of Independent Directorship w.e.f. February 10, 2022 and based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors of the Company unanimously approved the appointment of Ms. Priti Savla as an Additional Independent Director of the Company. The Board has noted appointment of Dr. Prashant Salgaonkkar, as a Group President HR and Admin.10-02-2022
IRB INFRASTRUCTURE DEVELOPERS LTD. - 532947 - Outcome Of Board Meeting Held On Thursday, February 10, 2022 Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended ('SEBI Listing Regulations').
Please note that Board of Directors of the Company (which expression shall be deemed to include any Committee(s) thereof and hereinafter referred to as the 'Board') at its meeting held on February 10, 2022 has approved the Un-audited Consolidated & Standalone Financial Results for the quarter and nine months ended December 31, 2021. A copy of the results along with the Limited Review Report is enclosed herewith. A copy of Corporate Presentation has been made available under Investor Relation Section of the website of the Company (www.irb.co.in).10-02-2022
IRB INFRASTRUCTURE DEVELOPERS LTD. - 532947 - Intimation Of Earnings Call
This is to inform you that the Company will conduct an earnings call at 4.00 pm IST on February 11, 2022. The details of earnings call are enclosed herewith.09-02-2022