Maple Infra Trust unitholders approve FY26 accounts, asset valuation
Maple Infrastructure Trust unitholders unanimously passed resolutions to adopt FY26 financials, approve asset valuations as of March 31, 2026, and appoint GT Valuation Advisors for FY27. The meeting recorded an 88.86% voting participation rate, with sponsors and public institutions voting fully in favor.

*this image is generated using AI for illustrative purposes only.
maple infra trust unitholders have unanimously approved the trust’s audited standalone and consolidated financial statements for the financial year ended March 31, 2026, alongside the asset valuation report for the same period. The resolutions were passed during the fifth annual meeting of unitholders held on July 24, 2026, through video conferencing and other audio-visual means, in compliance with Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014.
The meeting also saw the approval of M/s. GT Valuation Advisors Private Limited as the valuer for the financial year 2026-27, including the fixation of its remuneration. All three agenda items received unanimous support from the unitholders who exercised their voting rights, with no votes cast against any resolution. The proceedings were conducted in accordance with SEBI Master Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025.
Voting Participation and Results
The remote e-voting facility was available from July 21, 2026, to July 23, 2026. A total of 42,00,96,413 votes were polled out of 47,27,73,200 outstanding units, representing an 88.86% participation rate. No voting occurred during the physical video conference session itself; all votes were cast remotely.
| Category | Total Units Held | Votes Polled | Participation % | Votes In Favour | Votes Against |
|---|---|---|---|---|---|
| Sponsor & Sponsor Group | 35,45,79,900 | 35,45,79,900 | 100% | 35,45,79,900 | 0 |
| Public Institutions | 6,15,04,713 | 6,15,04,713 | 100% | 6,15,04,713 | 0 |
| Public Non-Institutions | 5,66,88,587 | 40,11,800 | 7.08% | 40,11,800 | 0 |
| Total | 47,27,73,200 | 42,00,96,413 | 88.86% | 42,00,96,413 | 0 |
The sponsor group and public institutions demonstrated full engagement, casting 100% of their held units. Public non-institutions participated at a lower rate of 7.08%, though all votes cast by this segment were in favor of the resolutions.
Meeting Proceedings
Louis-Marie St-Maurice, Chairman of Maple Infra InvIT Investment Manager Private Limited, presided over the meeting. Anup Vikal, Chief Executive Officer, provided an update on the business and operations of the trust. The quorum was present, comprising six unitholders attending via video conference: two from the sponsor group and four from the public category.
Jatin Prabhakar Patil, Partner at Mayekar & Associates, served as the scrutinizer for the meeting. His report confirmed that the voting process was conducted fairly and transparently, with no invalid votes received. S.R. Batliboi & Co. LLP acted as the statutory auditor, while Axis Trustee Services Limited represented the trustee.
What the Numbers Show
The high participation rate of 88.86%, driven entirely by institutional and sponsor voting, underscores strong alignment among major stakeholders regarding the trust’s financial reporting and asset valuation. The complete absence of dissenting votes across all categories indicates consensus on the audited figures for FY26 and the proposed valuation framework for FY27.
Historical Stock Returns for Maple Infra Trust
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | +0.02% | -2.13% | -2.13% | +18.75% |
How will the FY26-27 asset valuation by GT Valuation Advisors impact Maple Infra Trust's distribution per unit and overall yield for unitholders?
What strategic infrastructure acquisitions or divestitures is the trust planning to execute in the near term to maintain its growth trajectory?
Given the low participation rate (7.08%) among public non-institutional investors, what initiatives will the trust undertake to improve retail engagement and transparency?


































