The Board of Directors of Walter Infra Manager Private Limited, the Investment Manager to Nxt-Infra Trust , has approved the appointment of M/s. S. Sundararaman as the Valuer for the financial year 2026-27. This decision was taken during a board meeting held on June 25, 2026, and is subject to the approval of the Unitholders of the Trust. The appointment aligns with Regulations 10 and 21 of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014.

The board also approved the "Management Incentive Plan", which is proposed to be adopted. This approval is similarly subject to the consent of the Unitholders and any other required regulatory approvals under applicable laws.

In a separate disclosure, the Trust informed the exchanges that the Extra Ordinary Meeting of the Unitholders, previously scheduled for July 10, 2026, will not be held on the designated date. The meeting may be convened at a later date as determined by the Board, and Unitholders will be notified accordingly.

M/s. S. Sundararaman is a Fellow Member of the Institute of Chartered Accountants of India and a registered valuer with the Insolvency and Bankruptcy Board of India. He brings over 30 years of experience in corporate advisory, strategic restructuring, and valuations.

Key Approvals

Nxt-Infra Trust approved raising up to ₹55,000 million through external borrowings and issuing 227 million units on a preferential basis for ₹21,000 million on June 17, 2026. The Board of Directors of Walter Infra Manager Private Limited, the Investment Manager to the Trust, sanctioned these proposals to bolster financial resources and refinance existing debt. The aggregate consolidated borrowings and deferred payments of the Trust and its SPVs, net of cash and cash equivalents, are expected to exceed 49% of the Trust's asset value, subject to the 70% limit under InvIT Regulations.

The proceeds from the proposed borrowings will be utilized for refinancing existing external debt obligations of the Trust and its identified SPVs, in compliance with SEBI (Infrastructure Investment Trusts) Regulations, 2014 and applicable circulars. The Trust has scheduled an Extra-Ordinary Meeting of the Unitholders on July 10, 2026, via video conferencing to seek necessary approvals for these proposals.

Key Approvals

The meeting commenced at 17:23 Hrs IST and concluded at 18:34 Hrs IST. The filing was submitted to the exchanges and signed by Aditi Sagar Tawde, Company Secretary and Compliance Officer for Nxt-Infra Trust.