Corporate Announcement
Security Code : 532947    Company : IRB    
 
Updates 
  Exchange Disseminated Time     
IRB Infrastructure Developers Ltd has informed BSE that in terms of the Subscription Agreement and a Put Option Agreement dated January 30, 2009, Deutsche Bank AG, Mumbai Branch exercised their put option and sold equity holding of 10% in IRB Surat Dahisar Tollway Pvt. Ltd. to the Company at a total consideration of Rs. 67.05 Crores, Thereby, IRB Surat Dahisar Tollway Pvt. Ltd. has become a wholly owned subsidiary of the Company.
 

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