Citius unitholders approve raising borrowings to 49% of assets

Citius TransNet Investment Trust has received unitholder approval to enhance its aggregate consolidated borrowings and deferred payments to 49% of the value of its InvIT assets. The resolution was passed via remote e-voting on June 10, 2026, with a significant majority, allowing the trust greater leverage for its operations.

M/s. Ashita Kaul & Associates, Practicing Company Secretaries, served as the scrutinizer for the postal ballot process. The voting facility, provided by KFin Technologies Limited, was open from May 20, 2026, to June 10, 2026. Unitholders recorded in the records of NSDL and CDSL as of May 15, 2026, were eligible to participate.

The resolution required a simple majority, where votes in favour must be at least one and a half times the votes cast against. The outcome comfortably exceeded this threshold, with 99.9928% of the valid votes polled supporting the proposal.

Voting Results Summary

Category	Votes Polled	Votes in Favour	Votes Against	% Favour of Polled
Sponsors/Investment Manager	39,90,90,541	39,90,90,541	0	100
Public institutions	6,13,17,701	6,13,17,701	0	100
Public non-institutions	6,00,63,891	6,00,26,254	37,637	99.9373
Total	52,04,72,133	52,04,34,496	37,637	99.9928

A total of 52,04,72,133 votes were polled, representing 85.3233% of the outstanding units. There were no abstain votes or ineligible votes recorded during the process. The approval was granted in accordance with Regulation 22 of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.53%	-0.72%	+1.00%	-0.93%	-0.93%	-0.93%

Citius TransNet Investment Trust reported total revenue from operations of ₹19,870.46 million for the financial year 2025. The trust manages a diversified portfolio of 11 road assets across India, comprising toll and annuity projects, with an average operating history of 11.5 years. The portfolio spans approximately 734.49 lane kilometers and includes assets in states such as Gujarat, Karnataka, Haryana, and Odisha.

The initial portfolio consists of seven toll assets and four annuity assets. The toll assets generated revenue of ₹17,348.26 million, while the annuity assets contributed ₹2,522.21 million in FY25. The trust's assets are strategically located on key national and state highways, connecting major industrial and logistical hubs.

Portfolio Composition

Asset Type	Revenue from Operations FY25 (₹ million)
Toll	17,348.26
Annuity	2,522.21
Total	19,870.46

The trust's investment manager, EAAA TransInfra Managers Limited, has signed definitive documents to acquire a portfolio of 11 Hybrid Annuity Model (HAM) road assets under a Right of First Offer (ROFO) agreement. The EAAA platform has already completed the acquisition of five HAM road assets and is in the process of acquiring the remaining six assets. The identified ROFO portfolio comprises approximately 2,367 lane kilometers with an average operating history of 4.67 years and residual concession life of 10.33 years.

Growth Prospects

The trust aims to achieve calibrated portfolio expansion through the ROFO assets and prudent capital management. The transport sector outlook remains positive, with an expected investment potential of INR 42-45 trillion across transport infrastructure from FY25 to FY30. Roads are expected to attract the highest share of this investment, estimated at INR 33-35 trillion.

Citius TransNet is registered as an infrastructure investment trust with the Securities and Exchange Board of India (InvIT) Regulations, 2014. The trust's governance framework includes an experienced board with independent directors and a focus on risk management and operational excellence.