Citius TransNet Investment Trust unitholders approved the trust’s audited standalone financial statements for FY26 and reappointed S R B C & Co LLP as statutory auditors during its first annual meeting on July 27, 2026. The resolutions passed with overwhelming support, reflecting strong unitholder confidence in the trust’s governance and financial transparency as it enters its second year of operations.

The meeting, conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM), saw 57 unitholders cast votes representing 43.81 billion units out of a total outstanding base of 61 billion units. This translates to a 71.82% participation rate for the adoption of financials, with 100% of polled votes supporting the resolution. Ashita Kaul & Associates served as the scrutinizer for the e-voting process, which was facilitated by KFIN Technologies Limited from July 22 to July 26, 2026.

Voting Results Breakdown

The voting data reveals distinct engagement patterns across different unitholder categories. While sponsors and related parties voted unanimously in favor of all resolutions, public institutional investors showed some dissent regarding the appointment of the valuer for FY27.

For the valuer and auditor appointments, public institutions voted 93.89% in favor, with 23 million units (6.11%) casting against votes. Public non-institutions remained highly supportive, with over 99.86% of their polled votes in favor. No invalid votes were recorded, and abstained votes were excluded from the final tally as per regulatory norms.

Governance and Compliance

The proceedings adhered to Master Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 issued by the Securities and Exchange Board of India. S R B C & Co LLP, Chartered Accountants (Firm Registration No. 324982E/E300003), was appointed as the statutory auditor in compliance with the SEBI Infrastructure Investment Trust Regulations, 2014. The trust’s Board of Directors, chaired by Independent Director Suresh Gurumani, oversaw the process alongside other key executives including Chief Investment Officer Bhavyang Oza and Compliance Officer Padmanabhan Parthasarathy.

The high level of unitholder participation and near-unanimous support for the financial statements underscores the trust’s successful initial listing phase and robust stakeholder alignment. The dissenting votes on administrative appointments appear isolated to specific institutional preferences rather than broader governance concerns.

Citius Transnet Investment Trust has capped the remuneration for its statutory auditor and valuer for the financial year 2026-27, ahead of its First Annual Meeting scheduled for July 27, 2026. The Trust, acting through its Investment Manager EAAA TransInfra Managers Limited, issued an addendum to the original notice to provide additional disclosures regarding the fees payable to M/s. SRBC & Co LLP and Mr. S Sundararama.

The remuneration of M/s. SRBC & Co LLP, appointed as Statutory Auditors, shall not exceed INR 1,21,50,000 for the financial year 2026-27. This amount is payable in one or more instalments, plus applicable goods and services tax and reimbursement of out-of-pocket expenses incurred. The resolution seeks authorization from unitholders for the Board of Directors of the Investment Manager to determine and pay the audit fees as deemed fit for the auditor's term.

Mr. S Sundararama has been proposed for a valuation exercise with a remuneration cap of INR 33,85,000 for the financial year 2026-27. Similar to the auditor's fee, this amount is payable in one or more instalments, plus applicable taxes and reimbursement of expenses. The Trust stated that the proposed remuneration is based on the valuer's knowledge, expertise, industry experience, and the time and efforts required, aligning with industry benchmarks.

The First Annual Meeting will be held on Monday, July 27, 2026, at 10:30 a.m. IST through Video Conferencing or Other Audio-Visual Means. The additional disclosures pertain specifically to Item Nos. 2 and 3 of the explanatory statements in the original notice dated June 30, 2026. All other items of the notice remain unchanged and must be read in conjunction with this addendum.

Fee Structure for FY27