Vertis Infrastructure Trust submits PIT compliance certificate for FY26

1 min read     Updated on 22 May 2026, 01:19 PM
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Vertis Infrastructure Trust submitted its Compliance Certificate for the Structured Digital Database for FY26 on May 21, 2026. Issued by CS Ananna Sarkar, the certificate confirms the capture of all 11 required UPSI events and zero non-compliances.

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Vertis Infrastructure Trust has submitted its annual Compliance Certificate confirming adherence to the Structured Digital Database (SDD) requirements under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The submission, made to the National Stock Exchange of India Limited and BSE Limited on May 21, 2026, covers the financial year ended March 31, 2026.

The certificate was issued by CS Ananna Sarkar, a Practising Company Secretary, following a review of the Trust's internal systems. It confirms that the Trust has implemented a structured digital database with controlled access to maintain records of Unpublished Price Sensitive Information (UPSI).

Compliance Details

The certification process verified several key operational aspects of the Trust's compliance framework. The audit confirmed that the system successfully captured all disseminated UPSI events during the previous financial year. The database is designed to be non-tamperable and maintains an audit trail for all entries.

Compliance Parameter Status
Structured Digital Database In place
Access Control Established
UPSI Events Captured 11 of 11
Record Maintenance 8 years
Non-compliances None

The Trust confirmed that it was required to capture 11 specific events during the financial year and successfully recorded all of them within the system. Furthermore, the certificate noted that there were no observations of non-compliance during the period under review.

Regulatory Context

The submission was made in response to circulars issued by both BSE Limited and the National Stock Exchange of India Limited in October 2024. These directives mandated the annual submission of SDD compliance certificates pursuant to Regulation 3(5) and 3(6) of the SEBI PIT Regulations. The information has been uploaded to the Trust's official website.

How might SEBI strengthen its SDD compliance framework beyond the current annual certification requirement, and what additional oversight mechanisms could be introduced for infrastructure trusts?

As Vertis Infrastructure Trust captured all 11 UPSI events, what types of material developments are infrastructure trusts most likely to generate as price-sensitive information in the coming years?

Could the mandatory 8-year record maintenance requirement for UPSI databases create operational or cybersecurity challenges for infrastructure trusts as data volumes grow?

Vertis Trust unitholders approve conversion to public InvIT

1 min read     Updated on 22 May 2026, 01:19 PM
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Vertis Infrastructure Trust unitholders have approved the conversion to a public listed InvIT and the third amended Trust Deed. The resolutions passed with 100% of the polled votes in favour, totaling over 125.98 crore units.

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Vertis Infrastructure Trust has announced the outcome of its postal ballot and remote e-voting process, confirming that unitholders have approved the conversion of the Trust from a private listed infrastructure investment trust to a public listed infrastructure investment trust. The voting process, which commenced on April 28, 2026, concluded on May 20, 2026, with the requisite majority secured for all proposed resolutions.

The Investment Manager, Vertis Fund Advisors Private Limited, had sought approval for two key resolutions. The first resolution proposed the conversion of the Trust to a public listed entity pursuant to a public offer of units through an offer for sale. The second resolution sought approval for the third amended and restated Trust Deed. Both resolutions required a special majority, with the first needing a 75% majority by value and the second requiring a 60% majority of unitholders present and voting.

According to the scrutinizer's report submitted by M/s. MMJB & Associates LLP, the resolutions were passed with overwhelming support. A total of 1,25,98,35,248 votes were polled, representing 83.4337% of the outstanding units. All votes cast were in favour of the resolutions, with no votes recorded against them. The voting was conducted entirely through remote e-voting, as no postal ballot forms were received.

The following table summarizes the voting results for the resolutions:

Sr. No. Category Votes Polled Votes In Favour Votes Against % In Favour
1 Sponsor(s)/ Sponsor Group 87,21,14,250 87,21,14,250 0 100.0000
2 Public - Institutional holders 38,73,70,998 38,73,70,998 0 100.0000
3 Public - Non Institutional holders 3,50,000 3,50,000 0 100.0000
Total 1,25,98,35,248 1,25,98,35,248 0 100.0000

The scrutinizer confirmed that the resolutions were declared passed on May 20, 2026. The detailed report has been uploaded to the Trust's website. The approval marks a significant step in the Trust's corporate evolution, facilitating its transition to a public listed platform.

What is the expected timeline for Vertis Infrastructure Trust to complete its IPO process and list as a public entity on the stock exchanges?

How might the conversion to a public listed InvIT affect Vertis Infrastructure Trust's ability to raise capital and expand its infrastructure asset portfolio?

What valuation premium or discount could Vertis Infrastructure Trust command compared to existing publicly listed InvITs like IndiGrid or PowerGrid InvIT post-listing?

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