Interise Trust reported a sponsor holding of 60.83% for the quarter ended June 30, 2026, according to a filing submitted to the stock exchanges. The total units outstanding stood at 1,04,24,11,177, with the sponsor group holding 63,41,46,428 units. The disclosure was made in compliance with SEBI Master circular no. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025.

Sponsor and Public Holdings

The filing details the unit distribution across various categories. The sponsor group, classified under Foreign Body Corporates, holds the majority stake. Public holding accounts for 39.17% of the total outstanding units, aggregating to 40,82,64,749 units.

Breakdown of Public Holding

Within the public holding category, institutional investors dominate. Foreign Portfolio Investors (FPIs) hold 34.77% of the total units, amounting to 36,24,52,413 units. Provident and Pension Funds hold 3.21%, translating to 3,35,06,195 units. Non-institutional investors, including Body Corporates and Non-Resident Indians, hold the remaining 1.18%.

The document was signed by Amit Shah, Chief Compliance Officer & Vice President – Company Secretary, on behalf of Interise Trust through its Investment Manager, Interise Investment Managers Private Limited.

Interise Trust informed its stakeholders that the National Highways Authority of India (NHAI) has issued a new circular dated July 8, 2026, retaining the Wholesale Price Index (WPI) linking factor at 1.641 for the computation of user fee rates. This decision maintains the status quo for toll revision across public-funded and BOT concession agreements, ensuring that the earlier proposed reduction to 1.561 does not take effect. The development follows a previous order by the Hon’ble Delhi High Court on October 17, 2025, which had directed the NHAI to re-examine the matter after considering representations from stakeholders.

The new circular explicitly states that the linking factor of 1.641, used to connect the WPI series of 2004-05 to WPI 2011-12, shall continue to be followed. This applies to the revision of user fees in all existing Contract or Concession Agreements as well as all future national highway projects. The circular supersedes the earlier communication dated September 13, 2025, which had proposed the reduction to 1.561.

The retention of the 1.641 factor will remain in force until a further order or amendment is issued to the National Highways Fee (Determination of Rates & Collection) Rules, 2008. The update was provided by the Investment Manager, Interise Investment Managers Private Limited, and signed by Amit Shah, Chief Compliance Officer & Vice President – Company Secretary.

Key Details of the Circular