{"id":10414,"date":"2017-04-12T05:39:54","date_gmt":"2017-04-12T05:39:54","guid":{"rendered":"http:\/\/168.63.242.119\/~irbco\/?page_id=10414"},"modified":"2026-02-16T11:04:44","modified_gmt":"2026-02-16T11:04:44","slug":"spvs-subsidiaries","status":"publish","type":"page","link":"https:\/\/www.irb.co.in\/home\/spvs-subsidiaries\/","title":{"rendered":"SPVs \/ Subsidiaries"},"content":{"rendered":"

[vc_row full_width=”stretch_row” bg_type=”bg_color” css=”.vc_custom_1643109631879{padding-top: 30px !important;padding-bottom: 30px !important;}” bg_color_value=”#ffffff”][vc_column]

\t\t
[vc_tta_tour style=”modern” color=”mulled-wine” spacing=”10″ active_section=”1″ css=”.vc_custom_1643117021123{background-color: #ebecee !important;}”][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Ideal Road Builders Pvt. Ltd” tab_id=”1491984585773-9e158643-345d” el_class=”spvclass”]
<\/div>

Ideal Road Builders Pvt. Ltd.<\/h2><\/div>
<\/p>\n

Now the subsidiary of IRB has a history of innovation and excellence in civil engineering since 1977. With many successful projects to its name, it is recognised as one of the leading construction company in India.<\/p>\n

 <\/p>\n

Name of Directors<\/strong><\/p>\n

    \n
  • Mr. Virendra D. Mhaiskar<\/li>\n
  • Mrs. Deepali V. Mhaiskar<\/li>\n
  • Mr. Satinder Singh Rana<\/li>\n
  • Mr. Omprakash A. Singh<\/li>\n<\/ul>\n

    <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”ATR Infrastructure Pvt. Ltd.” tab_id=”1491980509486-f8631c44-472b”]

    <\/div>

    ATR Infrastructure Pvt. Ltd.<\/h2><\/div>
    <\/p>\n

    was set up to undertake the four laning and strengthening of the Pune-Nashik Road on BOT basis with toll rights. The company has started toll collection for this road from the 20th of December 2005.<\/p>\n

     <\/p>\n

    Name of Directors<\/strong><\/p>\n

      \n
    • Mr. Ajay P. Deshmukh<\/li>\n
    • Mr. Amitabh Murarkar<\/li>\n
    • Mr. Rajpaul Satyapaul Sharma<\/li>\n<\/ul>\n

      <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Aryan Toll Road Pvt. Ltd.” tab_id=”1491984727299-1e23e4de-7426″]

      <\/div>

      Aryan Toll Road Pvt. Ltd.<\/h2><\/div>
      <\/p>\n

      is responsible for the four laning and strengthening of the Pune \u2013 Solapur road on BOT basis with toll rights. With financing from United Western Bank Ltd. the project was completed before the stipulated time period at a cost of Rs. 630 million. The company has started toll collection for this road from December 2004.<\/p>\n

       <\/p>\n

      Name of Directors<\/strong><\/p>\n

        \n
      • Mr. Rajpaul S. Sharma<\/li>\n
      • Mr. Ajay P. Deshmukh<\/li>\n
      • Mr. Amitabh Murarkar<\/li>\n<\/ul>\n

        <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Mhaiskar Infrastructure Pvt. Ltd.” tab_id=”1491984595641-3a510fc3-85ca”]

        <\/div>

        Mhaiskar Infrastructure Pvt. Ltd.<\/h2><\/div>
        <\/p>\n

        is responsible for the development of NH 4 from Shil Phata to Dehu Road and Maintenance of the Mumbai \u2013 Pune Express Highway and toll collection on both of them on BOT basis. With an up-front payment of Rs. 9180.00 Million to MSRDC, we have secured the toll collection rights for a period of 15 years. Extensive construction work on the National Highway 4 was completed by September 2006. We are currently involved in toll collection at five places on the Mumbai \u2013 Pune Express Highway from 9th August 2004. The total project cost, incurred was Rs. 13016.40 Millions, was funded through a term loan of Rs. 11814.40 Million and equity of Rs. 1050 Million and balance Rs. 152.00 Million through internal accruals.<\/p>\n

         <\/p>\n

        Name of Directors<\/strong><\/p>\n

          \n
        • Mrs. Arati N. Taskar<\/li>\n
        • Mrs. Kshama Vengsarkar<\/li>\n
        • Mr. Ajay P. Deshmukh<\/li>\n<\/ul>\n

          <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IDAA Infrastructure Pvt. Ltd.” tab_id=”1491984863817-d83f2bad-71d3″]

          <\/div>

          IDAA Infrastructure Pvt. Ltd.<\/h2><\/div>
          Transferred to the IRB InvIT Fund w.e.f. 9th May 2017<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB MP EXPRESSWAY PRIVATE LIMITED
          \n(Formerly known as NKT Road And Toll Private Limited) ” tab_id=”1491985035351-5a4153ad-ff71″]
          <\/div>

          IRB MP EXPRESSWAY PRIVATE LIMITED
          \n(Formerly known as NKT Road And Toll Private Limited) <\/h2><\/div>
          <\/p>\n

          is a Sub-concessionaire for the project of Tolling, Operation, Maintenance and Transfer of (a) Yashwantrao Chavan Expressway (6 lane access controlled expressway, along the Mumbai-Pune Corridor, starting from Kalamboli and ending at Dehu Road, in the State of Maharashtra); and (b) Mumbai-Pune Section of NH-48 (Old NH4) from Shilphata (K.M. 131\/200) to Nigadi (K.M. 20\/400) on Toll, Operate, Management and Transfer basis. The Sub-Concession Period of the project is until April 30, 2030 i.e. 10 years and 2 months.<\/p>\n

          Name of Directors<\/strong><\/p>\n

            \n
          • Mr. Virendra D. Mhaiskar<\/li>\n
          • Mr. Rajpaul S. Sharma<\/li>\n
          • Mr. Amitabh Murarka<\/li>\n
          • Ms. Arati Taskar<\/li>\n
          • Mr. Bajrang Lal Gupta<\/li>\n<\/ul>\n

            <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB Infrastructure Pvt. Ltd.” tab_id=”1491985116406-5984b44b-8e78″]

            <\/div>

            IRB Infrastructure Pvt. Ltd.<\/h2><\/div>
            <\/p>\n

            has been floated as a Special Purpose Vehicle for construction of a bridge over the river Patalganga and a rail over-bridge on BOT basis near Village Kharpada on NH.17. Started in November 1997 at a project cost of Rs. 320.00 million, it was financed through term loans of Rs. 220 million. (ICICI – Rs. 110 million and United Western Bank Ltd. – Rs. 110 million) The concession period is of 17 years and 9 months including the 2 years construction period. The company completed the project around 6 months ahead of the scheduled date of completion, and is presently collecting toll as per the Concession Agreement. The company has pre-paid the high cost borrowings availed from ICICI and The United Western Bank Ltd. by way of low cost borrowings from HDFC Bank Ltd. Entire Loan availed from the HDFC Bank Ltd. has also been entirely repaid by the company as on March 2007 and the project is now debt free. The Company is functioning as Investment Manager to IRB InvIT Fund.<\/p>\n

             <\/p>\n

            Name of Directors<\/strong><\/p>\n

              \n
            • Mr. Jitender Kumar Chauhan<\/li>\n
            • Mr. Sunil Tandon<\/li>\n
            • Mr. Rajinder Pal Singh<\/li>\n
            • Mr. Nikesh Moolchand Jain<\/li>\n
            • Mr. Rushabh Gandhi<\/li>\n
            • Ms. Anusha Date<\/li>\n<\/ul>\n

              <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”MMK Toll Road Pvt. Ltd.” tab_id=”1491985257359-de01ae13-6f93″]

              <\/div>

              MMK Toll Road Pvt. Ltd.<\/h2><\/div>
              MMK Toll Road Pvt. Ltd., has been designated as an Investment Manager of the Trust, and is responsible for making investment decisions with respect to the underlying assets or projects of the Trust, including any further investment or divestment of its assets, in accordance with the InvIT Regulations and the Investment Management Agreement.<\/p>\n

              The Investment Manager has experience in operating a road BOT basis for a period of more than 15 years and in developing, operating and maintaining toll plazas in the infrastructure sector.<\/p>\n

              MMK is jointly owned by the Sponsor (51%); GIC (25%) and Cintra (24%).<\/p>\n

              GIC is a leading global investment firm established in 1981 to secure Singapore\u2019s financial future. GIC takes a long term, disciplined approach to investing, and is uniquely positioned across a wide range of asset classes and active strategies globally with investments in over 40 countries.<\/p>\n

              Name of Directors<\/strong><\/p>\n

                \n
              • Mr. Virendra Mhaiskar<\/li>\n
              • Mr. K G Krishnamurthy<\/li>\n
              • Mrs. Ranjana Paranjape<\/li>\n
              • Mr. Nagendraa Parakh<\/li>\n
              • Mr. Aryan Mhaiskar<\/li>\n
              • Mr. Chin Hau Boon<\/li>\n
              • Mr. Victor Carretero Arbona<\/li>\n
              • Mrs. Rajni Sekhri Sibal<\/li>\n<\/ul>\n

                The Company is functioning as Investment Manager to IRB Infrastructure Trust<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Modern Road Makers Pvt. Ltd.” tab_id=”1491985330682-d4504566-bc6e”]

                <\/div>

                Modern Road Makers Pvt. Ltd.<\/h2><\/div>
                <\/p>\n

                was established on March 15, 1994 and is the Engineering, Procurement and Construction (EPC) arm of the IRB Group. Almost all the construction works being undertaken by the IRB Group are currently executed through MRM.<\/p>\n

                MRM is highly competent in the execution of construction works for roads, highways, bridges, tunnels and other infrastructures. The company has maintained an outstanding record in terms of on-time project implementation without incurring cost over-runs. MRM has built, over the years, a rich and diverse bank of equipments, state-of-the-art facilities and developed its own expertise in highway construction which has enabled the company in executing the most challenging projects with ease and within the constraints of time and cost. MRM has dedicated work force of around 3000 Nos. employees.<\/p>\n

                MRM has lately entered the Wind Energy business in association with Suzlon, which is a pioneer in development of wind energy technology. This is an initiative taken in line with the Green-Energy policy being followed by the Company. All the wind mills installed as a result of the aforesaid initiative in Rajasthan have been commissioned. MRM has also entered in an agreement with Jodhpur Vidyut Vitran Nigam Ltd. for selling the electricity generated. All the wind mills have been financed from internal accruals of the company.<\/p>\n

                 <\/p>\n

                Name of Directors<\/strong><\/p>\n

                  \n
                • Mr. Nitin V. Bansode<\/li>\n
                • Mr. Rajpaul S. Sharma<\/li>\n
                • Mr. Bajrang Lal Gupta<\/li>\n
                • Mrs. Arati N. Taskar<\/li>\n<\/ul>\n

                  <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Thane Ghodbunder Toll Road Pvt. Ltd.” tab_id=”1491985453583-0f383b3c-f702″]

                  <\/div>

                  Thane Ghodbunder Toll Road Pvt. Ltd.<\/h2><\/div>
                  <\/p>\n

                  is a Special Purpose Vehicle floated by IRBPL for improvement, toll collection and operation and maintenance of the Thane Ghodbunder road, a major link road connecting Mumbai – Ahmedabad National Highway No. 8 to Mumbai – Agra National Highway No. 3 from Ch. 0\/00 to Ch. 14\/900 State Highway No. 42. The total project cost has been approximately Rs.2462.76 Million. The total project cost comprises an upfront fee payable to the MSRDC of Rs.1404.00 Million and construction cost of Rs. 1058.76 Million. The project is being financed by acombination of equity and debt. Approximately Rs. 300.00 Million of the project cost is attributable to the equity with the remaining Rs.2166.00 Miilion attributable to the term loans. The term loans for the project are being provided by Canara Bank, Indian Overseas Bank and IDBI. The company has taken possession of the project site from 24th December 2005 onwards after paying MSRDC an up-front sum of Rs. 1404.00 Million. for collection of toll and for construction work. The construction work is substantially completed. Toll collection has started from 24th December 2005 and is satisfactory.<\/p>\n

                   <\/p>\n

                  Name of Directors<\/strong><\/p>\n

                    \n
                  • Ms. Kshama Vengsarkar<\/li>\n
                  • Mr. Amitabh Murarkar<\/li>\n
                  • Mrs. Arati N. Taskar<\/li>\n<\/ul>\n

                    <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Aryan Infrastructure Investments Pvt. Ltd.” tab_id=”1491985668256-c279a27a-b66c”]

                    <\/div>

                    Aryan Infrastructure Investments Pvt. Ltd.<\/h2><\/div>
                    Name of Directors<\/strong><\/p>\n
                      \n
                    • Mr. Ajay P. Deshmukh<\/li>\n
                    • Ms. Arati Taskar<\/li>\n
                    • Mr. Tushar Kawedia<\/li>\n<\/ul>\n

                      <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB Surat Dahisar Tollway Pvt. Ltd.” tab_id=”1491985865152-59c854e6-8367″]

                      <\/div>

                      IRB Surat Dahisar Tollway Pvt. Ltd.<\/h2><\/div>
                      Transferred to the IRB InvIT Fund w.e.f. 9th May 2017<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB Pathankot Amritsar Toll Road Pvt. Ltd.” tab_id=”1491986038579-73eaade7-4a8d”]
                      <\/div>

                      IRB Pathankot Amritsar Toll Road Pvt. Ltd.<\/h2><\/div>
                      Transferred to the IRB InvIT Fund w.e.f. 28th September 2017<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB Talegaon Amravati Tollway Pvt. Ltd.” tab_id=”1491986134790-381e59cf-e8ff”]
                      <\/div>

                      IRB Talegaon Amravati Tollway Pvt. Ltd. <\/h2><\/div>
                      Transferred to the IRB InvIT Fund w.e.f. 9th May 2017<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB Jaipur Deoli Tollway Pvt. Ltd.” tab_id=”1491986352338-06a1d40b-17a3″]
                      <\/div>

                      IRB Jaipur Deoli Tollway Pvt. Ltd.<\/h2><\/div>
                      Transferred to the IRB InvIT Fund w.e.f. 9th May 2017<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB Goa Tollway Pvt. Ltd.” tab_id=”1491986458217-f6b667c2-95f9″]
                      <\/div>

                      IRB Goa Tollway Pvt. Ltd.<\/h2><\/div>
                      Name of Directors<\/strong><\/p>\n
                        \n
                      • Mr. Rajpaul Satyapaul Sharma<\/li>\n
                      • Mr. Nitin V. Bansode<\/li>\n
                      • Mr.Tushar Kawedia<\/li>\n<\/ul>\n

                        <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB Sindhudurg Airport Pvt. Ltd.” tab_id=”1491986617006-171bdc12-0f35″]

                        <\/div>

                        IRB Sindhudurg Airport Pvt. Ltd.<\/h2><\/div>
                        <\/p>\n

                        was incorporated to undertake the project of Construction of Greenfield Airport in Sindhudurg District on BOT basis in the state of Maharashtra.<\/p>\n

                         <\/p>\n

                        Name of Directors<\/strong><\/p>\n

                          \n
                        • Mr. Ajay P. Deshmukh<\/li>\n
                        • Mrs. Kshama Amit Vengsarkar<\/li>\n
                        • Mr. Satinder Singh Rana<\/li>\n<\/ul>\n

                          <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Aryan Hospitality Pvt. Ltd.” tab_id=”1491986853763-525bb3a8-05d6″]

                          <\/div>

                          Aryan Hospitality Pvt. Ltd.<\/h2><\/div>
                          Name of Directors<\/strong><\/p>\n
                            \n
                          • Mr. Rajpaul Sharma<\/li>\n
                          • Mrs. Kshama Vengsarkar<\/li>\n
                          • Mrs. Arati Taskar<\/li>\n<\/ul>\n

                            <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB Infra Industries Private Limited
                            \n(Formerly IRB Kolhapur Integrated Road Development Company Private Limited)” tab_id=”1491987020824-f29dadb2-aa69″]

                            <\/div>

                            IRB Infra Industries Private Limited(Formerly IRB Kolhapur Integrated Road Development Company Private Limited)<\/h2><\/div>
                            Name of Directors<\/strong><\/p>\n
                              \n
                            • Mr. Ajay P. Deshmukh<\/li>\n
                            • Ms. Kshama Vengsarkar<\/li>\n
                            • Mrs. Arati Taskar<\/li>\n<\/ul>\n

                              <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB Tumkur Chitradurga Tollway Private Limited” tab_id=”1491986936805-36cf5a28-dc0c”]

                              <\/div>

                              IRB Tumkur Chitradurga Tollway Private Limited<\/h2><\/div>
                              Transferred to the IRB InvIT Fund w.e.f. 9th May 2017<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB Ahmedabad Vadodara Super Express Tollway Private Limited” tab_id=”1491987433280-71d0c3e6-bd3a”]
                              <\/div>

                              IRB Ahmedabad Vadodara Super Express Tollway Private Limited<\/h2><\/div>
                              <\/p>\n

                              was incorporated to undertake the project of \u201cSix Laning of Ahmedabad to Vadodara Section of NH 8 From Km. 6.400 to Km 108.700 (Length 102.300 Km) in the state of Gujarat and Improvement of existing Ahmedabad Vadodara Expressway from Km 0.000 to Km 93.302 in the state of Gujarat (Length 93.302 Km) under NHDP Phase V on Design, Build, Finance, Operate, Transfer (DBFOT) Toll Basis\u201d.<\/p>\n

                               <\/p>\n

                              Name of Directors<\/strong><\/p>\n

                                \n
                              • Mr. Tushar Kawedia<\/li>\n
                              • Mr. Nitin V. Bansode<\/li>\n
                              • Mrs. Arati N. Taskar<\/li>\n<\/ul>\n

                                <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB PS Highway Private Limited
                                \n(Formerly known as MRM Highways Private Limited)” tab_id=”1491987516052-77d1f307-a0ed”]

                                <\/div>

                                IRB PS Highway Private Limited
                                \n(Formerly known as MRM Highways Private Limited)<\/h2><\/div>
                                Name of Directors<\/strong><\/p>\n
                                  \n
                                • Mr. Nitin V. Bansode<\/li>\n
                                • Mr. Tushar Kawedia<\/li>\n
                                • Mr. Amitabh Murarka<\/li>\n<\/ul>\n

                                  <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”MRM Mining Private Limited
                                  \n(Formerly known as J J Patel Infrastructural And Engineering Pvt. Ltd.) ” tab_id=”1491987701425-0bf3f323-dd1c”]

                                  <\/div>

                                  MRM Mining Private Limited
                                  \n(Formerly known as J J Patel Infrastructural And Engineering Pvt. Ltd.) <\/h2><\/div>
                                  Name of Directors<\/strong><\/p>\n
                                    \n
                                  • Mr. Amitabh Murarkar<\/li>\n
                                  • Mr. Rajpaul S. Sharma<\/li>\n
                                  • Mr. Tushar Kawedia<\/li>\n<\/ul>\n

                                    <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”M.V.R. Infrastructure And Tollways Private Limited” tab_id=”1491988077064-4f43c458-b05e”]

                                    <\/div>

                                    M.V.R. Infrastructure And Tollways Private Limited<\/h2><\/div>
                                    Transferred to the IRB InvIT Fund w.e.f. 9th May 2017<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB Westcoast Tollway Limited” tab_id=”1491988545454-e073787f-4b1f”]
                                    <\/div>

                                    IRB Westcoast Tollway Limited<\/h2><\/div>
                                    Transferred to the IRB Infrastructure Trust w.e.f. February, 2020<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Solapur Yedeshi Tollway Limited” tab_id=”1491989602838-cc2ae192-e893″]
                                    <\/div>

                                    Solapur Yedeshi Tollway Limited<\/h2><\/div>
                                    Transferred to the IRB Infrastructure Trust w.e.f. February, 2020<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Yedeshi Aurangabad Tollway Limited” tab_id=”1491989787210-f147731e-700a”]
                                    <\/div>

                                    Yedeshi Aurangabad Tollway Limited<\/h2><\/div>
                                    Transferred to the IRB Infrastructure Trust w.e.f. February, 2020<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Kaithal Tollway Limited” tab_id=”1491989916820-c281c231-9c17″]
                                    <\/div>

                                    Kaithal Tollway Limited<\/h2><\/div>
                                    Transferred to the IRB Infrastructure Trust w.e.f. February, 2020 <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”AE Tollway Limited” tab_id=”1491990018794-d48c22c9-2598″]
                                    <\/div>

                                    AE Tollway Limited<\/h2><\/div>
                                    Transferred to the IRB Infrastructure Trust w.e.f. February, 2020 <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”GE1 Expressway Private Limited
                                    \n(Formerly known as IRB PP Project Private Limited)” tab_id=”1491990113445-9cdaa551-b64d”]
                                    <\/div>

                                    GE1 Expressway Private Limited(Formerly known as IRB PP Project Private Limited)<\/h2><\/div>
                                    Name of Directors<\/strong><\/p>\n
                                      \n
                                    • Mr. Nitin V. Bansode<\/li>\n
                                    • Mr. Tushar Kawedia<\/li>\n
                                    • Mr. Ajay P. Deshmukh<\/li>\n<\/ul>\n

                                      <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”VK1 Expressway Private Limited.” tab_id=”1527744063126-6bc54786-02f9″]

                                      <\/div>

                                      VK1 Expressway Private Limited.<\/h2><\/div>
                                      Transferred to the IRB InvIT Fund<\/strong><\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB Hapur Moradabad Tollway Limited” tab_id=”1527744264704-baacf69b-057e”]
                                      <\/div>

                                      IRB Hapur Moradabad Tollway Limited<\/h2><\/div>
                                      Transferred to the IRB Infrastructure Trust w.e.f. February, 2020<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Udaipur Tollway Limited” tab_id=”1491990238436-201efcbd-a661″]
                                      <\/div>

                                      Udaipur Tollway Limited<\/h2><\/div>
                                      Transferred to the IRB Infrastructure Trust w.e.f. February, 2020<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”CG Tollway Limited” tab_id=”1491987587194-8926e4db-bab5″]
                                      <\/div>

                                      CG Tollway Limited<\/h2><\/div>
                                      Transferred to the IRB Infrastructure Trust w.e.f. February, 2020<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Kishangarh Gulabpura Tollway Limited” tab_id=”1491990581201-1a5ec0c4-7c36″]
                                      <\/div>

                                      Kishangarh Gulabpura Tollway Limited<\/h2><\/div>
                                      Transferred to the IRB Infrastructure Trust w.e.f. February, 2020<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”VM7 Expressway Private Limited” tab_id=”1635935700943-323b5051-c92f”]
                                      <\/div>

                                      VM7 Expressway Private Limited<\/h2><\/div>
                                      Transferred to IRB InvIT Fund<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Palsit Dankuni Tollway Private Limited” tab_id=”1635935965470-0cb43000-c19a”]
                                      <\/div>

                                      Palsit Dankuni Tollway Private Limited<\/h2><\/div>
                                      Transferred to IRB Infrastructure Trust w.e.f. April 2022<\/strong><\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Pathankot Mandi Highway Private Limited” tab_id=”1635936098471-9350842c-74b6″]
                                      <\/div>

                                      Pathankot Mandi Highway Private Limited<\/h2><\/div>
                                      Name of Directors<\/strong><\/p>\n
                                        \n
                                      • Mr. Nitin V. Bansode<\/li>\n
                                      • Mr. Rajpaul Sharma<\/li>\n
                                      • Ms. Arati Taskar<\/li>\n<\/ul>\n

                                        <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Chittoor Thachur Highway Private Limited” tab_id=”1635936226022-9e26246b-e214″]

                                        <\/div>

                                        Chittoor Thachur Highway Private Limited<\/h2><\/div>
                                        Name of Directors<\/strong><\/p>\n
                                          \n
                                        • Mr. Rajpaul Sharma<\/li>\n
                                        • Mr.Tushar Kawedia<\/li>\n
                                        • Mr. Amitabh Murarkar<\/li>\n<\/ul>\n

                                          <\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Meerut Budaun Expressway Limited” tab_id=”1642162867745-1e1ebb43-613f”]

                                          <\/div>

                                          Meerut Budaun Expressway Limited<\/h2><\/div>
                                          Transferred to Private InvIT i.e. IRB Infrastructure Trust<\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”IRB Golconda Expressway Private Limited” tab_id=”1635935965470-0cb45000-c19a”]
                                          <\/div>

                                          IRB Golconda Expressway Private Limited<\/h2><\/div>
                                          Transferred to Private InvIT w.e.f. August 2023<\/strong><\/div><\/div>[\/vc_tta_section][vc_tta_section i_icon_fontawesome=”fa fa-road” add_icon=”true” title=”Samakhiyali Tollway Private Limited” tab_id=”1631135965470-0cb45000-c19a”]
                                          <\/div>

                                          Samakhiyali Tollway Private Limited<\/h2><\/div>
                                          Transferred to Private InvIT w.e.f. December 2023<\/strong><\/div><\/div>[\/vc_tta_section][\/vc_tta_tour]\t\t<\/div><\/div>[\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

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