Shrem InvIT corrects disposal consideration amount in Form C

0 min read     Updated on 01 Jul 2026, 08:39 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Shrem InvIT corrected the consideration amount for the sale of 20,00,000 units by Satish Venture(S) Global LLP to 20.28 Cr, executed on the NSE on June 29, 2026. The revised filing reduces the promoter group entity's stake to 3.97%.

powered bylight_fuzz_icon
44322629

*this image is generated using AI for illustrative purposes only.

Satish Venture(S) Global LLP, a member of the promoter group of Shrem InvIT, corrected the consideration amount for the disposal of 20,00,000 units on the National Stock Exchange of India Limited (NSE). The transaction value was revised to 20.28 Cr from the previously disclosed 25.28 Cr. The correction was submitted by Shrem Infra Investment Manager Private Limited, the investment manager to Shrem InvIT, under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The revised disclosure pertains to the sale executed on June 29, 2026. Following this transaction, the unitholding of Satish Venture(S) Global LLP stands at 2,42,58,648 units, representing a 3.97% stake in the InvIT. The entity had previously held 2,62,58,648 units, or a 4.30% stake, prior to this specific disposal.

Transaction Details

Date Units Sold Transaction Value Mode of Acquisition Exchange
29/06/2026 20,00,000 20.28 Cr On Market NSE

The filing confirmed that the transaction value excludes taxes, brokerage, and other charges. The revised Form C was signed by Hitesh Chhatwal, Partner of Satish Venture(S) Global LLP.

Historical Stock Returns for Shrem Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-0.20%+0.79%+1.80%-4.86%+1.80%

What prompted the significant downward revision of the transaction value by approximately 5 Cr?

Does this correction indicate potential volatility or liquidity concerns in Shrem InvIT units?

Will the promoter group continue to reduce its stake in Shrem InvIT in the coming quarters?

Shrem InvIT schedules 5th AGM for July 28, 2026

1 min read     Updated on 01 Jul 2026, 08:31 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Shrem InvIT will hold its 5th AGM on July 28, 2026, via video conferencing to approve FY26 financial results and re-appoint Mr. Jayesh Shah as valuer. Remote e-voting is open from July 24 to July 27 for unitholders on record as of July 21.

powered bylight_fuzz_icon
44420485

*this image is generated using AI for illustrative purposes only.

Shrem InvIT will convene its 5th Annual General Meeting on July 28, 2026, to approve the audited financial statements for the financial year ended March 31, 2026, and appoint a valuer. The meeting will be held through Video Conferencing or Other Audio Visual Means at 3:00 p.m. IST, allowing unitholders to participate remotely. The Investment Manager seeks approval for the audited standalone and consolidated financial statements, along with the report on the performance of the InvIT for FY26.

Unitholders will also vote on the appointment of Mr. Jayesh Shah as the valuer for Shrem InvIT and its project SPVs until the conclusion of the 6th Annual General Meeting. Mr. Shah is a Registered Valuer with the Insolvency and Bankruptcy Board of India (IBBI Registration Number - IBBI/RV/07/2020/13066). The appointment is subject to the approval of unitholders and follows consultation with Axis Trustee Services Limited, the trustee to the Trust.

The meeting agenda includes the adoption of the Valuation Report for the financial year ended March 31, 2026. The report was issued by Mr. Jayesh Shah as an Independent Valuer on May 08, 2026. The resolutions require a simple majority, where votes cast in favour must exceed fifty percent of the total votes cast against the resolution.

Remote e-voting facilities will be available to unitholders registered as of the cut-off date, July 21, 2026. The e-voting period commences at 09:00 a.m. on July 24, 2026, and concludes at 05:00 p.m. on July 27, 2026. Unitholders who have cast their vote via remote e-voting may attend the AGM but are not entitled to vote again.

Key Meeting Details

Event Date Time
AGM Date July 28, 2026 3:00 p.m. IST
Remote e-Voting Start July 24, 2026 09:00 a.m.
Remote e-Voting End July 27, 2026 05:00 p.m.
Cut-Off Date July 21, 2026 -

M/s. Nitin Bhardwaj & Associates, Practicing Company Secretaries, has been appointed as the Scrutinizer to ensure the e-voting process is conducted fairly. The results of the AGM will be declared on the Trust's website within two working days of the conclusion of the meeting.

Historical Stock Returns for Shrem Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-0.20%+0.79%+1.80%-4.86%+1.80%

What are the expected key performance indicators in the FY26 financial statements that could influence future distribution yields?

How might the valuation report impact Shrem InvIT's ability to raise capital or acquire new assets in the upcoming fiscal year?

What strategic initiatives will the Investment Manager propose to enhance unitholder value following the AGM?

More News on Shrem Infrastructure

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:-4.86%