Anzen Trust IM appoints Amit Agarwal as Additional Director

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Key Highlights

EAAA Real Assets Managers Limited announced board changes for Anzen India Energy Yield Plus Trust. Amit Agarwal was appointed as Additional Director (Non-Executive) effective July 24, 2026, replacing Subahoo Chordia who resigned. Agarwal brings over 25 years of experience in asset management and serves as CEO of EAAA India Alternatives Limited.

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Anzen India Energy Yield Plus Trust 's Investment Manager, EAAA Real Assets Managers Limited (formerly Edelweiss Real Assets Managers Limited), has appointed Amit Agarwal as Additional Director (Non-Executive) effective July 24, 2026. The Board of Directors approved the appointment based on the recommendation of the Nomination and Remuneration Committee. Simultaneously, Subahoo Chordia ceased to be a Non-Executive Director on the same date following his resignation due to personal reasons.

Board Composition Changes

The changes reflect a strategic refresh of the Board at EAAA Real Assets Managers Limited. Upon cessation, Mr. Chordia also stepped down from various committees of the Company. Mr. Agarwal’s term as Additional Director extends until the next Annual General Meeting.

Parameter: Appointment Cessation
Director: Amit Agarwal Subahoo Chordia
Role: Additional Director (Non-Executive) Non-Executive Director
Effective Date: July 24, 2026 July 24, 2026
Reason: Board recommendation Resignation (personal reasons)
Term: Upto next AGM Not Applicable

Profile of Incoming Director

Amit Agarwal brings extensive experience in alternative asset management to the role. He serves as the Chief Executive Officer of EAAA India Alternatives Limited, an alternative asset management platform with over USD 8 billion under management. His professional background includes more than 25 years across consulting, investing, fundraising, asset management, investment banking, and mergers and acquisitions.

Key aspects of his profile include:

  • Sector Expertise: Has led transactions across Industrials, Pharmaceuticals, Chemicals, Real Estate, Hospitality, Energy, Roads, and Telecom infrastructure.
  • Platform Role: Focused on creating the platform, business development, client relationships, and fundraising at EAAA.
  • Qualifications: All-India Rank Holder Chartered Accountant; holds a bachelor's degree in commerce from Lucknow University.

Regulatory Disclosure

The intimation was filed by EAAA Real Assets Managers Limited in its capacity as the Investment Manager of Anzen India Energy Yield Plus Trust. Company Secretary and Compliance Officer Sanket Shah communicated the changes to BSE Limited and the National Stock Exchange of India Limited. Copies were marked to Axis Trustee Services Limited and Catalyst Trusteeship Limited. No relationships between directors were disclosed in connection with either the appointment or the cessation.

Historical Stock Returns for Anzen India Energy Yield Plus Trust

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-2.93%+1.57%+9.32%+12.17%+27.98%

How might Amit Agarwal's extensive experience in energy and infrastructure sectors influence Anzen India Energy Yield Plus Trust's future asset acquisition strategy?

What impact could the transition from Subahoo Chordia to Amit Agarwal have on the trust's governance structure and decision-making processes leading up to the next AGM?

Given EAAA's $8 billion AUM, will this appointment signal a broader integration of alternative asset management strategies into the REIT's operations?

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Anzen Trust discloses unitholding pattern for Q1FY27

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Anzen India Energy Yield Plus Trust disclosed its unitholding pattern for the quarter ended June 30, 2026. The Sponsor Group holds 23.91% of the total outstanding units, all of which are mandatorily held. Public holding constitutes 76.09%, with Bodies Corporates being the largest sub-category at 33.70%.

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Anzen India Energy Yield Plus Trust has disclosed its unitholding pattern for the quarter ended June 30, 2026. The filing, submitted to BSE Limited and National Stock Exchange of India Limited, details the distribution of units across various categories as of June 30, 2026. The total units outstanding for the trust stand at 33,60,62,900.

The Sponsor Group, comprising the Sponsor, Investment Manager, Project Manager, and their associates, holds 8,03,44,000 units, representing 23.91% of the total outstanding units. All units held by the Sponsor Group are mandatorily held, accounting for 100% of their total holding. No units held by the Sponsor Group have been pledged or otherwise encumbered. Within the Sponsor Group, the entire holding is attributed to an Alternate Investment Fund classified under Indian entities.

Public holding constitutes the remaining 76.09% of the total outstanding units, amounting to 25,57,18,900 units. This segment is divided into Institutions and Non-Institutions. Institutions hold 1,13,60,100 units, or 3.38% of the total, with Insurance Companies being the sole contributors in this category holding 3.38%.

Non-Institutions hold the majority of the public stake at 24,43,58,800 units, or 72.71% of the total outstanding units. Bodies Corporates are the largest holders within this category, possessing 11,32,68,000 units or 33.70% of the total. NBFCs registered with RBI hold 7,10,50,000 units (21.14%), while Individuals hold 4,94,65,800 units (14.72%). Trusts and Non-Resident Indians hold 1.67% and 1.47% respectively.

The data was certified by KFIN Technologies Limited, acting as the Registrar & Transfer Agent for Anzen India Energy Yield Plus Trust. The disclosure was made pursuant to Regulation 23 of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014.

Unitholding Pattern Summary

Category Sub-Category No. of Units Held % of Total Outstanding Units
Sponsor Group Alternate Investment Fund 8,03,44,000 23.91
Public - Institutions Insurance Companies 1,13,60,100 3.38
Public - Non-Institutions Bodies Corporates 11,32,68,000 33.70
NBFCs (RBI registered) 7,10,50,000 21.14
Individuals 4,94,65,800 14.72
Trusts 56,25,000 1.67
Non-Resident Indians 49,50,000 1.47
Total 33,60,62,900 100.00

Historical Stock Returns for Anzen India Energy Yield Plus Trust

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-2.93%+1.57%+9.32%+12.17%+27.98%

How might the high concentration of non-institutional holders, particularly Bodies Corporates and NBFCs, impact the liquidity and trading volume of the units?

Will the Sponsor Group consider increasing their mandatory stake beyond 23.91% in future quarters to signal stronger confidence in the trust's performance?

Could the low institutional participation (3.38%) indicate a need for the trust to improve its yield or risk profile to attract mutual funds and foreign portfolio investors?

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1 Year Returns:+12.17%