New Delhi: IRB Infrastructure Developers NSE -1.27 % on Tuesday said it has completed a total fundraising of Rs 381.63 crore, with a Rs 194.63-crore investment in its sponsored IRB Infrastructure Trust. IRB Infrastructure Trust was jointly launched by the company and Singapore-based GIC Affiliates with 51 per cent and 49 per cent holding, respectively.
IRB Infrastructure Trust, the private InvIT sponsored by IRB Infrastructure Developers and the GIC Affiliates, Singapore-based sovereign fund, completed the fundraising of Rs 381.63 crore by way of rights issue.