Maple Infrastructure Trust disclosed its unitholding pattern for the quarter ended September 30, 2026, revealing that the Sponsor and Sponsor Group hold 37.50% of total outstanding units.

The filing, submitted to BSE Limited on October 7, 2026, pursuant to Regulation 23(10) of SEBI (Infrastructure Investment Trusts) Regulations, 2014, indicates that the Sponsor Group’s entire holding is classified under the Foreign category. Notably, 96.60% of the units held by the Sponsor Group are pledged or otherwise encumbered.

Public holding composition

Public investors hold 62.50% of the trust's units. Institutional investors account for 50.50% of the total outstanding units, while non-institutional investors hold 12.00%.

Within the institutional category, Alternative Investment Funds hold 13.00% of the units. Foreign bodies hold 37.50%, mirroring the Sponsor Group's percentage but categorized separately under public holding. Non-institutional holdings are primarily driven by bodies corporate (8.94%), followed by NBFCs registered with RBI (1.12%), individuals (1.05%), and non-resident Indians (0.66%).

What the numbers show

A significant concentration of pledged assets exists within the Sponsor Group's holding. Of the 17,72,89,950 units held by the Sponsor Group, 17,12,59,790 units are pledged or encumbered. This represents 96.60% of their total stake. Additionally, 51.02% of the Sponsor Group's units are mandatorily held, indicating a high level of regulatory lock-in alongside the pledge status.

The public holding is heavily skewed towards institutions, which constitute 80.80% of the public float (calculated as 50.50% of total units out of 62.50% public holding). Individuals and retail categories represent a minor fraction of the overall capital structure.

Note: Figures are as on September 30, 2026. Data sourced from KFin Technologies Limited, Registrar & Transfer Agent.

The unitholding pattern was filed through XBRL mode on the BSE listing portal and is available on the trust's website. The report was signed by Vikas Prakash, Company Secretary & Compliance Officer, for Maple Infra InvIT Investment Manager Private Limited.

Maple Infra Trust disclosed its unitholding pattern as on September 11, 2026, to the BSE following a significant change in ownership structure. The filing confirms the completion of a transfer involving 37.50% of the trust’s outstanding units.

The transaction involved CDPQ Infrastructures Asia III Inc., part of the sponsor group, transferring its stake to MAIF 4 Investments India 2 Pte. Ltd. This move aligns with regulatory requirements under Regulation 23 of the SEBI (Infrastructure Investment Trusts) Regulations, 2014.

Ownership Structure

As per the data provided by KFin Technologies Limited, the registrar and share transfer agent, the total outstanding units stand at 47,27,73,200. The ownership is split between the sponsor group and public holders.

The sponsor group’s holding consists entirely of foreign bodies corporate. Within this category, 17,12,59,790 units, representing 96.60% of their total holding, are pledged or otherwise encumbered. Additionally, 9,04,52,400 units are mandatorily held by the sponsor group, constituting 51.02% of their stake.

Public Holding Breakdown

Public holding accounts for 62.50% of the total units. Institutional investors dominate this segment with 50.50% of the total outstanding units. Alternative Investment Funds hold 13.00%, while foreign bodies hold another 37.50% within the public category classification in the detailed report, though these appear aggregated under specific institutional headers in the summary totals provided by the registrar.

Non-institutional holders account for 12.00% of the total units. This includes bodies corporate (8.94%), individuals (1.05%), and NBFCs registered with the RBI (1.12%).

What the Numbers Show

The high level of encumbrance on the sponsor group’s holding warrants attention. With 96.60% of the 17,72,89,950 units held by the sponsor group pledged or encumbered, the liquidity of this block is significantly restricted. This suggests that the underlying assets or units are likely leveraged to support financing structures associated with the infrastructure projects.

The filing was submitted by Vikas Prakash, Company Secretary and Compliance Officer of Maple Infra InvIT Investment Manager Private Limited. The unitholding pattern has been filed via XBRL on the BSE listing portal and is available on the trust’s website.