Indus Infra Trust has initiated a postal ballot process to seek unitholder approval for two key resolutions concerning fund raising. The Investment Manager, GR Highways Investment Manager Private Limited, proposes to raise funds aggregating up to Rs 50,000 Million through private placement, institutional placement, further public offer, rights issue, or debt. Additionally, the Trust seeks consent for the preferential allotment of units to its sponsor, Aadharshila Infratech Private Limited.

Preferential Issuance to Sponsor

The first resolution seeks approval to issue up to 2,82,51,005 units to Aadharshila Infratech Private Limited on a preferential basis. The proposed fund raise through this issuance aggregates up to Rs 3,300 Million. The issue price will be determined at or above Rs 116.81 per unit, based on the Net Asset Value (NAV) as of March 31, 2026. This issuance is intended to help the sponsor maintain the minimum 15% unitholding requirement, which is mandated until March 11, 2027.

General Fund Raising Approval

The second resolution requests authorization to raise funds up to Rs 50,000 Million. This capital may be raised via the issuance of units or debt instruments such as term loans and non-convertible debentures. The proceeds are intended to be utilized for funding asset acquisitions, repayment of borrowings, and general corporate purposes. The approval granted by unitholders will remain valid for one year from the date of receipt.

E-Voting Schedule and Process

Unitholders whose names appear in the records of depositories as of the cut-off date, May 15, 2026, are eligible to vote. The remote e-voting period commences on May 20, 2026, at 9:00 AM and concludes on June 9, 2026, at 5:00 PM. Both resolutions require a special majority, where votes cast in favor must be at least sixty percent of the total votes cast. The results are expected to be announced on or before June 11, 2026.

Indus Infra Trust has announced the outcome of the board meeting of its Investment Manager, GR Highways Investment Manager Private Limited, held on Tuesday, May 12, 2026. The meeting was convened pursuant to Regulation 23(6) of the SEBI (Infrastructure Investment Trusts) Regulations, 2014, and the board considered and approved multiple significant fund-raising proposals.

Commercial Paper Issuance Approved

The board approved the issuance of unsecured, listed, transferable, and rated Commercial Papers (CPs). The key parameters of the approved issuance are detailed below:

Capital Raising Plans Approved

In addition to the CP issuance, the board approved two separate capital-raising proposals, both subject to receipt of unitholders' approval and other necessary approvals from statutory, regulatory, and other authorities. The details are as follows:

The additional capital raise of up to ₹50,000 Million is over and above the ₹3,300 Million approved for issuance of units to the Sponsor on a preferential basis. Both proposals are subject to compliance with applicable provisions of the SEBI InvIT Regulations and other applicable laws.

Filing and Disclosure

The outcome of the board meeting has been submitted to both BSE Limited and the National Stock Exchange of India Limited. The intimation has also been uploaded on the Trust's official investor information webpage at https://indusinvit.com/investor-information.html . The filing was signed by Mohnish Dutta, Company Secretary & Compliance Officer (ICSI M. No. FCS 10411), acting on behalf of Indus Infra Trust through its Investment Manager, GR Highways Investment Manager Private Limited.