Shrem Infra Investment Manager Private Limited disclosed that a designated person sold 25,000 units of Shrem InvIT on the National Stock Exchange of India Limited. The transaction, valued at ₹25.35 lakh, was executed on June 23, 2026, under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Santosh Mahadev Sawant, the designated person, completed the sale via an on-market transaction. Prior to the disposal, the individual held 25,000 units, representing 0.0041% of the total unitholding. The sale resulted in the complete divestment of the held units, bringing the post-transaction balance to zero.

The investment manager notified the exchange regarding the dealing in units by the designated person. The disclosure was submitted in Form C under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The intimation regarding the transaction was received by the InvIT on June 25, 2026.

Transaction Details

Shrem InvIT unitholders have approved the right of first offer and future assets agreement (ROFO and FA agreement) involving the trust, its Investment Manager, the Chhatwal Group Trust, Shrem Infra Invest Private Limited, and Shrem Tollway Private Limited. The voting, conducted via remote e-voting from May 28, 2026, to June 19, 2026, saw the resolution pass with the required 50% majority. The Sponsor and members of the Sponsor Group abstained from voting on this resolution due to their interest in the matter.

The second resolution, concerning the variation in terms of use of proceeds raised from the preferential issue of units, was also approved. This resolution required a 60% majority of unitholders present and voting and was passed successfully. M/s. Nitin Bhardwaj & Associates served as the independent scrutinizer for the e-voting process, while MUFG Intime India Private Limited acted as the service provider.

Voting Results Summary

The remote e-voting process recorded participation from unitholders holding units in dematerialised form as of the cut-off date of May 22, 2026. The scrutinizer's report confirmed that no invalid votes were received during the process. The detailed voting patterns for both resolutions are outlined below.

Resolution Details

For the ROFO and FA agreement, the Sponsor and Sponsor Group held 435,563,617 units but abstained from voting. Public Non-Institutions cast 50,663,470 votes in favour, representing 29.20% of the outstanding shares in that category. The resolution secured the necessary majority from the votes cast.

Regarding the variation in use of proceeds, the Sponsor and Sponsor Group cast 435,563,617 votes in favour. Public Non-Institutions contributed 50,663,470 votes, bringing the total votes polled to 486,227,087. This represented 79.60% of the total outstanding shares, comfortably exceeding the 60% threshold required for approval.