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IRB Infra Devs trades in green as ₹9,270 Cr TOT-17 project begins toll collection

IRB Infrastructure Developers Limited TOT-17 Project SPV, IRB Harihara Corridors, commenced tolling on NH-27 and NH-731 from 23 January 2026 after paying Rs. 9,270 crore concession fee.
IRB Infrastructure Developers logo over multi-lane highway

Introduction

Leading infrastructure SPV commenced tolling on TOT-17 highways, including NH-27 and NH-731, from 23 January 2026 after completing financial closure and Rs. 9,270 crore concession payment.

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Share price movement of IRB Infra Devs

On January 23, 2026, IRB Infrastructure Developers Ltd opened at ₹40.50, up 0.90% from its previous close of ₹40.14. The stock reached a high of ₹40.62 (1.20%) and a low of ₹40.00. By 11:59 AM, it traded at ₹40.05, a 0.22% decrease, with a market cap of ₹24,186.20 crore.

IRB Harihara Corridors Commences Tolling on TOT-17 Project

IRB Harihara Corridors Pvt. Ltd., SPV of IRB Infrastructure Trust, started tolling on Lucknow-Ayodhya-Gorakhpur NH-27 and Lucknow-Sultanpur NH-731 sections from 23rd January 2026.

The SPV paid Rs. 9,270 crore upfront Concession Fee to NHAI on 22nd January 2026 after achieving financial closure for the TOT-17 Project.

The project has a 20-year revenue-linked concession period. TOT-17 comprises two highway corridors totaling 366 km, with 435 km tollable length, awarded to IRB Infrastructure Trust in November 2025.

Stock performance of IRB Infra Devs for Period of 1 week, 6 months, and 1 year

IRB Infrastructure Developers Limited delivered a -3.28% return over the past week, declined by -13.7% in the past 6 months, and fell -24.2% over the past 1 year.

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Shareholding pattern of IRB Infra Devs

ParticularsDec 2025Sep 2025Jun 2025
Promoter30.40%30.40%30.40%
FII43.30%43.40%43.60%
DII10.00%9.60%10.20%
Public16.30%16.60%15.70%

About IRB Infra Devs

IRB Infrastructure Developers Limited (NSE: IRB) is an Indian infrastructure company specializing in roads, highways, maintenance, airport development, construction, and real estate projects across the country.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is IRB Infrastructure Developers Limited share price rising today?

A: IRB Harihara Corridors, SPV of IRB Infrastructure Trust, started tolling on TOT-17 highways from 23 January 2026 after Rs. 9,270 crore payment.

Q: What is IRB Infrastructure Developers Limited’s main business focus?

A: IRB Infrastructure Developers Limited focuses on roads, highways, infrastructure construction, maintenance, airport development, and real estate projects across India.

Q: What is the 52-week high and low of IRB Infrastructure Developers Limited stock?

A: IRB Infrastructure Developers Limited stock’s 52-week high is ₹60.90 and 52-week low is ₹38.57.

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