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.

Shrem Infra Invest Private Limited, the sponsor of Shrem InvIT, released the pledge on 2,68,50,352 units on June 03, 2026. This disclosure, submitted by Shrem Infra Investment Manager Private Limited, confirms the removal of the encumbrance previously held by MITCON Trusteeship Services Limited. The release represents 4.396% of the total outstanding units of the InvIT, significantly reducing the pledged portion of the sponsor's holding.

The communication was addressed to the National Stock Exchange of India Limited in compliance with Chapter 10 of the SEBI Master Circular. The circular, referenced as SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025, mandates such disclosures. The filing was signed by Kunal Trivedi, Company Secretary and Compliance Officer of Shrem Infra Investment Manager Private Limited.

Shrem Infra Invest Private Limited holds a total of 24,57,46,552 units, constituting 40.231% of the total outstanding units of Shrem InvIT. The specific release of 2,68,50,352 units accounts for 10.926% of the total units held by the sponsor. Following the release, the details regarding the period of release and the entity in whose favor the units were encumbered were marked as not applicable (NA).

Details of Release of Encumbrance