IRB InvIT Fund declares 4th distribution of Rs. 2.60 per unit

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IRB InvIT, India’s first listed Infrastructure Investment Trust will distribute Rs. 151 Crores to the Unit Holders of the Fund; thus, translating into a payout of Rs. 2.60 per unit for Q4FY22.

With this, the yearly distribution for FY22 is Rs. 9.00 per unit, which includes Rs. 4.80 per unit as Interest component and Rs. 4.20 per unit as Return of Capital.

The InvIT has managed to continue with this distribution despite affected toll collection during the first quarter of current financial year due to the partial lockdown in some parts of the Country due to COVID-19 pandemic and suspension of toll collection on one of the assets, i.e., Pathankot Amritsar BOT Project due to the Farmers’ Agitation.

The Board of IRB Infrastructure Pvt. Ltd., an Investment Manager to the IRB InvIT Fund, today announced the financial results of IRB InvIT Fund for the last quarter and entire FY22, in an online Board Meeting held today.

IRB InvIT successfully completed its first concession – Bharuch Surat BOT Project on 31st March 2022 and handed it back to the Government. The Trust has set 12th May 2022 as a record date for distribution and the same will be paid to the unit holders on or before 20th May 2022.