IRB Holding Private Limited (formerly Mhaiskar Ventures Private Limited), a promoter group entity, bought 12 lakh shares of IRB Infrastructure Developers for ₹4.89 Cr at ₹40.76 apiece through a market purchase, increasing its stake from 29.84% to 29.86% on March 23, 2026.
An infrastructure development and construction company, IRB Infrastructure Developers operates primarily in roads and highways across India. The company also engages in road maintenance, airport development, and real estate projects. Its vertically integrated business model, extensive sector experience, and focus on long-term infrastructure assets distinguish it in India's infrastructure development space. The company manages multiple concurrent projects nationwide.
