Capital Infra Trust , a prominent infrastructure investment trust, has successfully completed a significant preferential allotment of units, resulting in a substantial shift in its unitholding pattern. The trust announced the allotment of 4,32,61,000 units on a preferential basis, with trading approval received on November 17, 2025.

Key Highlights of the Preferential Allotment

• Total Units Issued: 4,32,61,000
• Pre-Allotment Outstanding Units: 27.54 crore
• Post-Allotment Outstanding Units: 31.87 crore
• Sponsor Group Holding: Increased to 49.98% from 42.12%
• Public Unitholding: Decreased to 50.02% from 57.88%

Impact on Unitholding Pattern

The preferential allotment has led to a significant restructuring of Capital InfraTrust's unitholding pattern. Here's a detailed breakdown of the changes:

Sponsor Group Strengthens Position

The preferential allotment has substantially bolstered the position of the Sponsor and Sponsor Group within Capital InfraTrust. Their holding has increased from 11,60,06,250 units (42.12% of total units) to 15,92,67,250 units, now representing 49.98% of the total outstanding units.

Public Holding Composition

Despite the dilution in percentage terms, the absolute number of units held by the public remains unchanged at 15,93,93,750. However, the public holding now represents 50.02% of the total units, down from 57.88% before the allotment. The public holding is diversified across various categories of investors:

• Institutional Investors: 33.13%
• Non-Institutional Investors: 16.89%

Institutional Investor Participation

Institutional investors continue to hold a significant portion of Capital InfraTrust's units. Key institutional holders include:

• Mutual Funds: 7.86%
• Insurance Companies: 9.26%
• Foreign Portfolio Investors: 4.42%
• Alternative Investment Funds: 5.76%

Non-Institutional Investor Base

The non-institutional investor base remains diverse, with individuals holding 8.01% of the total units and bodies corporates accounting for 8.56%.

This preferential allotment marks a significant development for Capital InfraTrust, potentially influencing its strategic direction and governance structure.

Capital Infra Trust , a prominent infrastructure investment trust, has received a significant vote of confidence from CARE Ratings Limited. The rating agency has reaffirmed Capital Infra Trust's issuer rating at CARE AAA with a stable outlook, underscoring the trust's robust financial health and operational performance.

Rating Reaffirmation Details

The reaffirmation of the CARE AAA rating, which is the highest rating assigned by CARE Ratings, comes after a thorough review of Capital Infra Trust's operational and financial performance. This rating action reflects the trust's continued strong creditworthiness and its ability to meet its financial obligations.

Implications for Investors

The maintenance of the AAA rating carries several positive implications for Capital Infra Trust and its stakeholders:

1. Strong Financial Position: The rating reaffirms the trust's robust financial standing and its capacity to honor its financial commitments.
2. Investor Confidence: It provides a high level of assurance to both current and potential investors regarding the trust's financial stability.
3. Favorable Borrowing Terms: A top-tier credit rating may allow Capital Infra Trust to access capital markets on more favorable terms, potentially leading to lower borrowing costs.

Rating Details

Here's a summary of the rating action:

About Capital Infra Trust

Capital Infra Trust, formerly known as National Infrastructure Trust, is an infrastructure investment trust registered with the Securities and Exchange Board of India (SEBI). The trust focuses on owning and operating infrastructure assets, providing investors with an opportunity to participate in the growth of India's infrastructure sector.

Market Implications

The reaffirmation of the CARE AAA rating is likely to be viewed positively by the market. It suggests that Capital Infra Trust has maintained its financial strength and operational efficiency, even as the infrastructure sector faces various challenges and opportunities.

For investors and stakeholders in the infrastructure and investment trust sectors, this rating action serves as a reminder of the importance of strong financial management and operational excellence in maintaining investor confidence and accessing capital markets effectively.

As the infrastructure sector continues to play a crucial role in India's economic development, entities like Capital Infra Trust, with their strong credit ratings, are well-positioned to contribute to and benefit from the sector's growth trajectory.