IRB Infrastructure Developers' Special Purpose Vehicle (SPV) - CG Tollway has successfully achieved financial closure for its another BOT project of 6 laning of NH-79, Chittorgarh-Gulabpura Bypass.

The SPV, basis the concession agreement signed and executed with National Highway Authority of India (NHAI) for this Rs 2,090 crore project, has tied up with the Consortium of lenders led by State Bank of India. Other members include Bank of India, Bank of Maharashtra, Canara Bank, Indian Overseas Bank, Andhra Bank and Aditya Birla Finance.

Shares of the company gained Rs 0.65, or 0.31%, to trade at Rs 207.30. The total volume of shares traded was 15,577 at the BSE (9.52 a.m., Monday).