Trilegal has acted as legal counsel to IRB InvIT Fund and IRB Infrastructure Private Limited in relation to the largest qualified institution's placement of units by an InvIT, in YTD Fiscal 2026, aggregating to ₹3248.43 crore.

The transaction team was led by Abhinav Maker (Partner), with support from Associates Mrinal Kumar, Kalyan Reddy, Varda Saxena and K. Prashant Agrawal and Trainee Associate Revant Gupta.

As of June 30, 2025, IRB InvIT Fund operated and maintained 2,421 lane kilometers across a portfolio of six operational projects which includes five (5) Build-Operate-Transfer road infrastructure assets and one (1) Hybrid Annuity Mode road infrastructure asset, across the high growth western and southern belt of India in the states of Punjab, Karnataka, Rajasthan, Tamil Nadu, Maharashtra, and Gujarat offering a mix of fixed and variable revenue-generating assets.

The proceeds of the QIP are to be used for part funding of consideration for acquisition of the Target SPVs from IRB Infrastructure Trust, including by way of shareholder loans to Target SPVs for repayment/prepayment, in full or part, of the outstanding subordinated debt and unsecured loans availed by the Target SPVs and other general corporate purposes.

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