Raajmarg Infra Investment Trust appoints auditors for FY 2026-27

1 min read     Updated on 25 Jun 2026, 04:50 AM
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Raajmarg Infra Investment Trust has appointed M/s A. R. & Co. as Statutory Auditor and M/s RBSA Valuation Advisors LLP as Valuer for FY 2026-27, subject to Unitholders approval. The Board also appointed M/s Puneet & Associates as Secretarial Auditor for five years from FY 2026-27 to FY 2030-31. These appointments were approved by the Board of Raajmarg Infra Investment Managers Private Limited on June 24, 2026.

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Raajmarg Infra Investment Trust has appointed M/s A. R. & Co. as its Statutory Auditor for the financial year 2026-27, subject to Unitholders approval. The Board of Directors of Raajmarg Infra Investment Managers Private Limited, acting as the Investment Manager to the Trust, approved the appointment and fixed the remuneration during a meeting held on Wednesday, 24th June, 2026. The firm is registered with Firm registration number 002744C. Additionally, the Board appointed M/s RBSA Valuation Advisors LLP as the Valuer of the Trust for FY 2026-27, subject to Unitholders approval. The valuer is registered with the Insolvency and Bankruptcy Board of India (IBBI Registration Number IBBI/RVE/05/2019/110).

The Board also appointed M/s Puneet & Associates, Practicing Company Secretaries, as the Secretarial Auditor of Raajmarg Infra Investment Trust. This appointment is for a fixed tenure of five financial years, commencing from FY 2026-27 and concluding with FY 2030-31. The meeting, which commenced at 12:50 P.M. (IST) and concluded at 01:15 P.M. (IST), addressed these key governance matters to ensure compliance with regulatory requirements.

Appointments and Tenures

The following table summarizes the key appointments approved by the Board:

Role Firm/Appointee Tenure/Period Status
Statutory Auditor M/s A. R. & Co. FY 2026-27 Subject to Unitholders approval
Valuer M/s RBSA Valuation Advisors LLP FY 2026-27 Subject to Unitholders approval
Secretarial Auditor M/s Puneet & Associates FY 2026-27 to FY 2030-31 Approved

These decisions align with the provisions of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014. The information has been disclosed to the BSE Limited and National Stock Exchange of India Limited and is available on the Trust's website.

Historical Stock Returns for Raajmarg Infra Investment Trust

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How will the new statutory auditor's approach impact Raajmarg Infra Investment Trust's financial transparency and reporting standards?

What criteria were prioritized in selecting M/s RBSA Valuation Advisors LLP, and how might their valuation methodology affect the Trust's asset assessments?

What are the expected long-term benefits of appointing a Secretarial Auditor for a fixed five-year tenure compared to annual appointments?

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Raajmarg Infra Investment Trust reports no deviation in fund utilization for Q4FY26

1 min read     Updated on 26 May 2026, 05:57 PM
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Raajmarg Infra Investment Trust reported no deviation in fund utilization for Q4FY26. The trust raised ₹6,000 crore through a public issue in March 2026. Statutory auditors confirmed the correctness of the fund usage details.

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Raajmarg Infra Investment Trust has reported no deviation in the utilization of funds raised through its public issue for the quarter ended March 31, 2026. The trust raised ₹6,000 crore via the issuance of 60,00,00,000 units, with the allotment date recorded as March 18, 2026. Statutory auditors A.R. & Co. certified that the information regarding fund usage is true and correct in all material respects.

The filing was submitted pursuant to the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, and relevant master circulars. Raajmarg Infra Investment Managers Private Limited, acting as the Investment Manager, provided the Statement of Deviation/Variation to the exchanges. The trust confirmed that there were no deviations in the objects or purposes for which the funds were raised, nor any changes in the amounts utilized compared to original disclosures.

Fund Utilization Details

The funds were allocated across three primary categories: infusion of debt and equity into the Special Purpose Vehicle (SPV), issue expenses, and general purposes. The total amount raised was ₹6,00,000.00 lakh, with a modified allocation of ₹5,85,151.84 lakh. The table below details the allocation and utilization status as of March 31, 2026.

Particulars Original Allocation (₹ lakh) Modified Allocation (₹ lakh) Funds Utilised (₹ lakh) Amount of Deviation/Variation (₹ lakh)
Infusion of debt and equity into SPV 5,85,000.00 5,85,000.00 NIL Nil
Issue expenses 3,907.16 0.09 NIL 3,907.07
General purposes 11,092.84 151.75 NIL 10,941.09
Total 6,00,000.00 5,85,151.84 NIL 14,848.16

Auditor Certification

A.R. & Co., Chartered Accountants, conducted an examination of relevant records and documents in accordance with the Guidance Note on Reports or Certificates for Special Purposes issued by the Institute of Chartered Accountants of India. The firm confirmed compliance with ethical requirements and quality control standards. The opinion stated that the information in Annexure A regarding fund utilization is true and correct. The comments of the Audit Committee and the auditors regarding deviations were noted as NIL.

Historical Stock Returns for Raajmarg Infra Investment Trust

1 Day5 Days1 Month6 Months1 Year5 Years
-0.02%+1.67%+4.87%+8.91%+8.91%+8.91%

What is the timeline for the actual infusion of debt and equity into the SPV given that utilization is currently nil?

How will the significant reduction in general purpose allocation impact the trust's operational flexibility in the coming quarters?

What specific projects or assets will the SPV prioritize once the ₹5,85,000 lakh funds are deployed?

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