Raajmarg Trust sets auditor term for five years

1 min read     Updated on 20 Jul 2026, 11:18 PM
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Raajmarg Infra Investment Trust has approved the appointment of M/s. A. R. & Co. as statutory auditor for a five-year term from FY 2026–27 to FY 2030–31, with remuneration fixed at ₹1,49,000 for FY 2026–27. The Investment Manager ratified the auditor's appointment for FY 2025–26 at ₹49,500. An addendum to the notice for the 1st Annual Meeting on July 24, 2026, has been issued to modify the resolution regarding the auditor's appointment.

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Raajmarg Infra Investment Trust has revised the term of appointment and remuneration for its statutory auditor, M/s. A. R. & Co., Chartered Accountants, to five consecutive financial years from FY 2026–27 to FY 2030–31. The Investment Manager approved the appointment through a circular resolution on July 17, 2026, pursuant to the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014. The firm will hold office from the conclusion of the 1st Annual Meeting of Unitholders until the conclusion of the 6th Annual Meeting of the Trust. An addendum to the notice convening the 1st Annual Meeting, scheduled for July 24, 2026, has been approved to give effect to these revised terms.

The Board of Directors of Raajmarg Infra Investment Managers Private Limited approved the ratification of the auditor's appointment for FY 2025–26 at a remuneration of ₹49,500, excluding taxes and out-of-pocket expenses. For the new tenure commencing FY 2026–27, the remuneration is fixed at ₹1,49,000, excluding applicable taxes and out-of-pocket expenses. The Board has been authorized to determine and pay the audit fees for the remaining tenure of the appointment, as may be mutually agreed.

Detail Information
Statutory Auditor M/s. A. R. & Co., Chartered Accountants
Firm Registration No. 002744C
Appointment Term FY 2026–27 to FY 2030–31
Office Tenure Conclusion of 1st to 6th Annual Meeting of Unitholders
Remuneration (FY 2026–27) ₹1,49,000

M/s. A. R. & Co. is a peer-reviewed firm established in 1981 with over 44 years of experience in statutory audit, internal audit, assurance, and forensic services. The firm currently serves as the Statutory Auditor of National Highway Infra Trust (NHIT) and has audited prominent public sector entities such as Central Bank of India, Life Insurance Corporation of India, and NTPC Limited. The Trust is currently dispatching the addendum to the notice and will intimate the stock exchanges upon completion.

Historical Stock Returns for Raajmarg Infra Investment Trust

1 Day5 Days1 Month6 Months1 Year5 Years
-0.09%-0.09%+1.94%+9.20%+9.20%+9.20%

How will the significant remuneration increase for FY 2026–27 impact the Trust's overall operational expenses?

Does the five-year appointment term align with SEBI's proposed regulatory changes regarding auditor rotation for InvITs?

Will M/s. A. R. & Co.'s concurrent role as auditor for National Highway Infra Trust create any synergies or conflicts of interest?

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Raajmarg Infra Investment Trust reports 85% public holding in Q1FY26

2 min read     Updated on 13 Jul 2026, 09:51 PM
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Raajmarg Infra Investment Trust released its unitholding pattern for Q1FY26, reporting 60,00,00,000 outstanding units. Sponsors hold 15%, while public investors hold 85%, with Insurance Companies and Mutual Funds being key institutional holders.

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Raajmarg Infra Investment Trust has disclosed its unitholding pattern for the quarter ended June 30, 2026, revealing a total of 60,00,00,000 outstanding units. The filing, submitted in accordance with Regulation 23 of the SEBI (Infrastructure Investment Trusts) Regulations, 2014, details the distribution of units across sponsors and public shareholders.

The sponsor and sponsor group, comprising Indian entities such as Central/State Government, hold 9,00,00,000 units, representing 15.00% of the total outstanding units. This entire holding is mandatorily held and remains unencumbered. There is no holding by foreign sponsors or associated entities.

Public holding accounts for the remaining 85.00% of the total units, amounting to 51,00,00,000 units. Institutional investors dominate this segment with a 50.43% share, holding 30,25,74,410 units. Insurance Companies are the largest institutional holders with 17.91%, followed by Mutual Funds at 15.17%.

Non-institutional investors hold 34.57% of the total units, totaling 20,74,25,590 units. The Central Government/State Governments/President of India holds a significant portion within this category at 16.67%. Bodies Corporates account for 9.16%, while individual shareholders hold 6.93%.

Unitholding Pattern Breakdown

Category No. of Units Held As a % of Total Outstanding Units
Sponsor & Sponsor Group
Central/State Govt. 9,00,00,000 15.00
Total Sponsor Holding (A) 9,00,00,000 15.00
Public Holding (B)
Institutions
Mutual Funds 9,10,09,797 15.17
Financial Institutions/Banks 3,46,64,403 5.78
Insurance Companies 10,74,78,979 17.91
Provident/pension funds 4,27,50,735 7.13
Alternative Investment Fund 2,35,16,863 3.92
Foreign Portfolio Investors 31,53,633 0.53
Sub-Total (B) (1) 30,25,74,410 50.43
Non-Institutions
Central/State Govt. 10,00,00,000 16.67
Bodies Corporates 5,49,33,265 9.16
Individuals 4,15,57,249 6.93
NBFCs 1,01,91,802 1.70
Non Resident Indians 7,28,988 0.12
Trusts 14,286 0.00
Sub-Total (B) (2) 20,74,25,590 34.57
Total Public Holding (B) 51,00,00,000 85.00
Total Units Outstanding (C) 60,00,00,000 100.00

The statement was signed by Gunjan Rajpal, Company Secretary and Compliance Officer of Raajmarg Infra Investment Managers Private Limited, acting as the Investment Manager to the Trust. KFin Technologies Limited provided the verification for the report.

Historical Stock Returns for Raajmarg Infra Investment Trust

1 Day5 Days1 Month6 Months1 Year5 Years
-0.09%-0.09%+1.94%+9.20%+9.20%+9.20%

How might the high government ownership of 31.67% influence future policy support or tariff adjustments for the trust?

Will the significant 85% public shareholding lead to increased liquidity and volatility in the unit trading price?

Are there potential plans for the sponsor to increase its stake from the minimum 15% to signal stronger confidence?

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1 Year Returns:+9.20%