Unitholders of Shrem Infrastructure (operating through Shrem Infra Investment Manager Private Limited) appointed Mr. Jayesh Shah as the registered valuer for Shrem InvIT and all its Project Special Purpose Vehicles (SPVs). The decision was taken at the 5th Annual General Meeting held on July 28, 2026, ensuring independent valuation oversight for the infrastructure investment trust’s assets in compliance with regulatory mandates.

The appointment was made in accordance with Regulation 10(5) and Regulation 22 of the SEBI (Infrastructure Investment Trusts) Regulations, 2014. It also aligns with SEBI Master Circular no. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025, which governs the valuation framework for infrastructure trusts. This procedural step ensures that the trust maintains an independent valuation mechanism for its underlying assets, a critical requirement for pricing units and assessing net asset value.

Mr. Jayesh Shah holds IBBI registration number IBBI/RV/07/2020/13066 as a Registered Valuer. His tenure begins from the conclusion of the Annual General Meeting on July 28, 2026, and extends until the conclusion of the next Annual General Meeting to be held for the financial year 2026-27. This fixed-term appointment provides continuity in valuation processes while allowing unitholders to review and reappoint the valuer annually.

Key Appointment Details

The intimation was submitted to the Listing Department of the National Stock Exchange of India Limited on July 29, 2026. Kunal Trivedi, Company Secretary and Compliance Officer of Shrem Infra Investment Manager Private Limited, signed the communication. Axis Trustee Services Limited was also copied on the submission, reflecting the collaborative governance structure between the investment manager, trustee, and regulatory bodies.

Regulatory Compliance Context

The appointment underscores Shrem InvIT’s adherence to the SEBI (Infrastructure Investment Trusts) Regulations, which mandate independent valuation of assets to protect unitholder interests. By specifying the tenure until the next AGM for FY27, the trust ensures that valuation activities remain aligned with annual reporting cycles. This structure allows for regular assessment of asset performance and market conditions by a qualified professional, maintaining transparency in the trust’s financial reporting.

Shrem InvIT has disclosed its unitholding pattern for the quarter ended June 30, 2026, showing that the sponsor and sponsor group retain a dominant position with 74.95% of the total outstanding units. The data was submitted to the National Stock Exchange of India Limited by Shrem Infra Investment Manager Private Limited, the investment manager to the trust. The filing was made pursuant to Regulation 23 of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014.

Sponsor and Sponsor Group Holdings

The sponsor group, including the investment manager and associates, holds 457,815,893 units, representing 74.95% of the total outstanding units. Within this group, the sponsor holds 245,746,552 units (40.23%), while associates hold 181,126,725 units (29.65%). Family trusts associated with the group hold 27,300,960 units (4.47%). Notably, 30,542,208 units are mandatorily held by the sponsor group, accounting for 6.67% of their total holding. Additionally, 83,657,048 units held by the sponsor group are pledged or otherwise encumbered, constituting 18.27% of their total units.

Public Holding Breakdown

Public holding accounts for 153,028,267 units, or 25.05% of the total outstanding units. Non-institutions dominate the public holding with 150,878,267 units (24.70%), while institutions hold 2,150,000 units (0.35%). Among non-institutions, individuals and HUFs hold 71,830,136 units (11.76%), and body corporates hold 62,465,131 units (10.23%). Trusts hold 14,320,000 units (2.34%), and non-resident Indians hold 2,238,000 units (0.37%).

Unitholding Pattern Summary

The total outstanding units for Shrem InvIT stand at 610,844,160. The report was issued by MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, acting as the Registrar & Share Transfer Agent for the trust.