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Sunday, February 19, 2017

IRB InvIT Fund, an investment trust sponsored by IRB Infrastructure Developers, has received markets regulator SEBI's approval to raise Rs. 4,300 crore through initial public offering (IPO)

IRB InvIT's IPO comprises fresh issue of units worth up to Rs 4,300 crore by the trust and an offer for sale of units by IRB Infrastructure Developers and its subsidiaries -- Modern Road Makers, Aryan Toll Road, ATR Infrastructure and Ideal Road Builders

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