IRB Infrastructure Developers Limited has announced that its Audit Committee and Board of Directors, in a meeting held on December 21, 2025, approved material related party contracts. The company will act as the project manager for initial upgradation, O&M works, and project implementation for the IRB Infrastructure Trust (Private InvIT) concerning the TOT-17 Project. This project is implemented through IRB Harihara Corridors Private Limited (the Project SPV). The agreement is on an arm's length basis and in the ordinary course of business, subject to member approval. The company has agreed to act as Project Manager for a revenue-linked concession period of 20 years from the Appointed Date, with an aggregate estimated value of up to ₹6,785 crores (including GST @18%). Furthermore, an Extraordinary General Meeting (EGM) of the company is scheduled for January 13, 2026, to seek member approval for these material related party transactions concerning the Lucknow-Ayodhya-Gorakhpur Section of NH-28 (New NH-27) and Lucknow-Sultanpur (NH-731) (TOT-17) TOT Project.