Interise Trust unitholders approve FY26 financials and valuations
Interise Trust unitholders unanimously approved FY26 financial statements, asset valuations by RBSA Valuation Advisors LLP, and the appointment of KPMG Valuation Services LLP as Valuer during the Eighth Annual Meeting held on July 27, 2026. Voting participation stood at 95.60%, with full support from sponsor groups and foreign portfolio investors.

*this image is generated using AI for illustrative purposes only.
Interise Trust unitholders have unanimously approved the trust’s audited financial statements for the financial year ended March 31, 2026, alongside key governance resolutions including asset valuations and the appointment of a new valuation advisor. The Eighth Annual Meeting of Unitholders was held on July 27, 2026, via video conferencing, with all four ordinary resolutions passing with 100% support from participating voters.
The meeting was conducted in compliance with the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, and SEBI Master Circular No. EBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025. Yogesh Singhvi, Practicing Company Secretary, served as the scrutinizer for the voting process. The cut-off date for determining voting entitlements was July 20, 2026. Remote e-voting was facilitated by National Securities Depository Limited (NSDL) from July 23, 2026, to July 26, 2026.
Voting Results
Unitholders representing 95.60% of total outstanding units participated in the voting process. A total of 99,65,98,841 votes were polled out of 104,24,11,177 units held as on the cut-off date. All resolutions were passed with unanimous support among those who voted.
| Resolution Description | Votes Polled | Votes in Favour | % Support |
|---|---|---|---|
| Approval of Audited Standalone Financial Statements (FY26) | 99,65,98,841 | 99,65,98,841 | 100% |
| Approval of Consolidated Financial Statements (FY26) | 99,65,98,841 | 99,65,98,841 | 100% |
| Approval of Asset Valuation Report by RBSA Valuation Advisors LLP | 99,65,98,841 | 99,65,98,841 | 100% |
| Appointment of KPMG Valuation Services LLP as Valuer | 99,65,98,841 | 99,65,98,841 | 100% |
Participation Breakdown
The voting participation was dominated by sponsor group entities and foreign portfolio investors. The Sponsor(s)/Investment Manager/Project Manager(s) and their associates held 63,41,46,428 units, representing 60.83% of the outstanding units, and voted in favour of all resolutions. Foreign Portfolio Investors held 36,24,52,413 units, accounting for 34.77% of the total holdings, and also cast their votes entirely in favour. Mutual Funds and Foreign Direct Investors did not participate in the voting process. Five unitholders attended the meeting via video conferencing, though no votes were cast during the live session; all votes were submitted through remote e-voting.
Governance and Compliance
Ms. Neera Saggi, Chairperson and Independent Director, chaired the proceedings. Other directors present included Mr. S. Ravindran, Mr. Sanjay Ubale, Ms. Samyuktha Surendran, Ms. Monisha Macedo, and Mr. Julian Gratiaen. Key management personnel present were Mr. Pawan Kant, Chief Executive Officer, Mr. Gaurav Khanna, Chief Financial Officer, and Mr. Amit Shah, Chief Compliance Officer & Vice President – Company Secretary.
The Investment Manager confirmed that the reports of the Auditors and Secretarial Auditor for FY26 contained no qualifications, remarks, observations, or comments that would impact the reporting or disclosures made by the Trust. The proceedings, along with the consolidated voting results and Scrutinizer’s Report, have been submitted to BSE Limited and National Stock Exchange of India Limited.
Historical Stock Returns for Interise Trust
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | -2.75% | +8.66% |
How might the transition from RBSA to KPMG as the valuation advisor impact the perceived objectivity and methodology of Interise Trust's future asset valuations?
Given that Mutual Funds and Foreign Direct Investors did not participate in voting, what strategies is the Investment Manager employing to broaden the unitholder base and improve engagement with these segments?
With 60.83% of units held by the sponsor group, how does this high concentration of ownership affect the trust's liquidity dynamics and potential for minority unitholder activism in future governance decisions?


































