Citius TransNet Investment Trust held its first annual meeting of unitholders on July 27, 2026, formally adopting its audited standalone financial statements for the fiscal year ended March 31, 2026. The meeting, conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM), also saw the approval of key administrative appointments, including the selection of a valuer for the upcoming financial year and the reappointment of statutory auditors.

The proceedings were conducted in compliance with Master Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025, issued by the Securities and Exchange Board of India. The notice and annual report were dispatched to unitholders on June 30, 2026. Voting rights were determined based on a cut-off date of July 17, 2026. Remote e-voting was facilitated by KFIN Technologies Limited, the registrar and transfer agent of Citius, from July 22, 2026, at 9:00 A.M. until July 26, 2026, at 5:00 P.M. Unitholders who did not vote remotely could cast their votes during the meeting.

Ashita Kaul & Associates, Practicing Company Secretaries, served as the scrutinizer for the e-voting process. The results are to be submitted to the stock exchanges within 48 hours of the meeting's conclusion and will be published on the Citius and KFIN Technologies websites.

The agenda items considered and approved by the unitholders included:

S R B C & Co LLP, Chartered Accountants, with Firm Registration No. 324982E/E300003, was appointed as the statutory auditor. This appointment aligns with the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, as amended.

Key Attendees and Governance

The meeting was chaired by Suresh Gurumani, Independent Director and Chairperson of the Audit Committee. Other directors and key managerial personnel present included Emandi Sankara Rao, Independent Director and Chairperson of the Stakeholder’s Relationship Committee; Vidya Basarkod, Independent Director and Chairperson of the Nomination and Remuneration Committee; SreeKumar Chatra, Non-Executive Director; Amit Agarwal, Additional Director (Non-Executive) and Chairperson of the Risk Management Committee; Bhavyang Oza, Whole Time Director and Chief Investment Officer; and Padmanabhan Parthasarathy, Chief Financial Officer and Compliance Officer.

Bhavyang Oza expressed gratitude for the support received during the initial public offering and listing process, reaffirming the trust's commitment to transparency and accountability. Suresh Gurumani thanked unitholders for their trust in Citius as a transport-focused Infrastructure Investment Trust and acknowledged contributions from the board, clients, bankers, auditors, legal advisers, consultants, and government authorities.

EAAA TransInfra Managers Limited, the investment manager of citius transnet investment trust , has appointed Amit Agarwal as an Additional Director (Non-Executive) effective July 27, 2026. Simultaneously, Subahoo Chordia ceased to be a Non-Executive Director and member of various company committees following his resignation, which was accepted by the Board at its meeting held on July 27, 2026. The appointment strengthens the governance structure of the trust’s investment manager, bringing in senior leadership from EAAA India Alternatives Limited.

The Board of Directors approved Agarwal’s appointment based on the recommendation of the Nomination and Remuneration Committee. Chordia’s resignation was tendered via a letter dated July 27, 2026, citing personal reasons. His cessation from office became effective upon the Board’s acceptance at the same meeting. The changes were communicated to BSE Limited and National Stock Exchange of India Limited on July 27, 2026.

Leadership Changes

The following table outlines the specific changes in the directorship of EAAA TransInfra Managers Limited:

Profile of New Director

Amit Agarwal brings over 25 years of experience across consulting, investing, fundraising, asset management, investment banking, and M&A. He currently serves as the Chief Executive Officer of EAAA India Alternatives Limited, one of India's leading alternative asset management platforms with over USD 8 billion under management.

Agarwal has led transactions across a broad range of sectors, including Industrials, Pharmaceuticals, Chemicals, Real Estate, Hospitality, Energy, Roads, and Telecom infrastructure. At EAAA, he has focused on platform creation, business development, client relationships, and fundraising. He is an All-India Rank Holder Chartered Accountant and holds a bachelor's degree in commerce from Lucknow University.

Governance Implications

The appointment of Agarwal, who holds a senior executive role within the parent asset management group, aligns the investment manager’s board with key operational leadership. This move may enhance strategic oversight given his extensive experience in alternative assets and large-scale transaction management. The simultaneous departure of Chordia does not appear to disrupt continuity, as Agarwal’s appointment is effective immediately upon Chordia’s cessation.

Axis Trustee Services Limited, the trustee for the trust, was copied on the intimation to ensure regulatory compliance and stakeholder awareness. The changes are subject to confirmation by shareholders at the next general meeting, as per standard procedures for additional directors.