Anantam Highways Trust has submitted a compliance certificate to the National Stock Exchange of India Limited and BSE Limited for the financial year ended March 31, 2026. The submission confirms the Trust's adherence to the Structured Digital Database (SDD) requirements mandated under Regulation 3(5) and 3(6) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The certificate was issued by DKJ & Associates, Practising Company Secretaries, and verifies the integrity and maintenance of the database used for recording Unpublished Price Sensitive Information (UPSI).

The certification process followed directives from BSE Circular No. 20241018-44 and NSE Circular No. NSE/CML/2024/31, both dated October 18, 2024. These circulars require listed entities to submit an annual SDD compliance certificate. The Trust, which was listed on the NSE and BSE on October 17, 2025, became subject to these regulations from that listing date.

Compliance Verification

DKJ & Associates certified that Anantam Highways Trust has established a Structured Digital Database that meets specific regulatory standards. The verification confirms that the system is non-tamperable, capable of maintaining records for 8 years, and includes a comprehensive audit trail. Access to the database is controlled, ensuring that only authorized personnel can handle sensitive information.

The certificate further validates that the Trust captured all UPSI disseminated during the previous quarter. Specifically, the management informed the auditors that the Trust was required to capture 2 events during the quarter and successfully recorded the said required events. The database logs the nature of the UPSI along with the precise date and time of dissemination.

Filing Details

The intimation was submitted by Chandra Kant Sharma, Company Secretary & Compliance Officer of Alpha Alternatives Fund-Infra Advisors Private Limited, acting as the Investment Manager to Anantam Highways Trust. The document was digitally signed on May 29, 2026. A copy of the compliance certificate has also been uploaded on the Trust’s website.

Anantam Highways Trust has reported its financial results for the quarter ended March 31, 2026, declaring a distribution of INR2.50 per unit. The Trust recorded consolidated revenue of approximately INR224.5 crores and EBITDA of approximately INR202.6 crores for Q4FY26. Net Debt Cash Flow (NDCF) at the SPV level stood at approximately INR220 crores, while NDCF at the Trust level was approximately INR54.38 crores.

Financial Performance

The net asset value as of March 31, 2026, based on an independent valuation report, stood at INR115.80 per unit on a fair value basis. The Trust maintains a debt-to-EV ratio of approximately 42% and holds AAA stable credit ratings. The distribution of INR2.50 per unit comprises INR0.4141 per unit as interest, INR2.08 per unit as dividend, and INR0.003 per unit as other income.

Strategic Developments

The Board has approved the proposed acquisition of seven additional Right of First Offer (ROFO) assets to drive growth. These acquisitions are aligned with the strategy of pursuing disciplined accretive acquisitions to strengthen Distribution Per Unit (DPU) sustainability and long-term Net Asset Value (NAV) growth. The acquisition consideration involves a mix of unit swaps with Alpha Alternatives Group and Dilip Buildcon Group, along with debt funding.

Operational Outlook

Management emphasized a total return framework combining consistency in distribution with NAV growth through accretive acquisitions. The Trust aims to build a long-duration institutional infrastructure platform with a focus on predictability, governance, and sustainable cash flow generation. The ROFO pipeline provides strong visibility for future growth, with assets expected to be accretive to both DPU and NAV.

Conference Call Details

The earnings conference call was held on May 21, 2026, at 03:00 PM IST. The transcript of the call has been filed with the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30. The call was represented by Mr. Jignesh Shah, Whole-time Director and Chief Executive Officer.