Indus Infra Trust has completed the acquisition of a controlling interest and substantially all of the equity share capital of KNR Ramagiri Infra Private Limited. The transaction was finalized on June 11, 2026, with KNR Constructions Limited acting as the seller. This strategic move expands the Trust's infrastructure portfolio by securing control over the target entity.

The acquisition involved the transfer of all equity shares of KNR Ramagiri Infra Private Limited, excluding 488 equity shares retained by the seller. The Trust has confirmed that it has acquired control of the company effective June 11, 2026, notwithstanding the pending transfer of these remaining shares. Necessary steps to effect the transfer of the balance shares are currently being undertaken in accordance with applicable laws and transaction documents.

The transaction was executed in compliance with Regulation 23(6) of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014. This follows an initial intimation regarding the proposed acquisition submitted on December 25, 2025. The Investment Manager for the Trust, GR Highways Investment Manager Private Limited, oversaw the proceedings.

Transaction Details

The information regarding the acquisition has been made available on the Trust's official website. IDBI Trusteeship Services Limited has been notified regarding the completion of this regulatory filing.

Indus Infra Trust unitholders have approved raising funds aggregating up to Rs 50,000 Million and issuing units to its sponsor, Aadharshila Infratech Private Limited. The resolutions were passed with the requisite majority on June 9, 2026, following a remote e-voting process conducted under Regulation 23(6) of the SEBI (Infrastructure Investment Trusts) Regulations, 2014.

The postal ballot sought approval for two key resolutions. The first resolution authorized the fund raise by issuance of units to Aadharshila Infratech Private Limited on a preferential basis. The second resolution sanctioned the raising of funds up to Rs 50,000 Million. The voting was conducted in accordance with the SEBI Master Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025.

Aadharshila Infratech Private Limited, being the Sponsor and a related party to the transaction, participated in the voting for the second resolution. For the resolution on preferential allotment, the Sponsor Group cast 19,29,38,705 votes, all in favour. The Scrutinizer, Preksha Dawet of M/s Preksha Dawet and Associates, confirmed the voting results in her report dated June 9, 2026.

The outcome of the postal ballot saw significant participation across categories. For the resolution on preferential allotment, 99.96% of the valid votes were cast in favour. The resolution to raise Rs 50,000 Million received 96.97% approval from the valid votes polled. The detailed voting results are summarized below.

Voting Results Summary

The Trust, acting through its Investment Manager GR Highways Investment Manager Private Limited, disclosed that the cut-off date for determining unitholder eligibility was May 15, 2026. The Scrutinizer's report confirmed that all procedural requirements were met during the voting process.