Indus Infra Trust has allotted 5,000 unsecured, listed, rated commercial papers aggregating Rs 250 crore. The CP Fund Raise Committee of the Board of Directors of the Investment Manager, GR Highways Investment Manager Private Limited, approved the allotment on May 25, 2026. The issuance carries a discount rate of 6.90% per annum and matures on June 19, 2026.

The Trust received listing approval from the National Stock Exchange of India Limited (NSE) via circular No. 0850/2026 dated May 26, 2026. Consequently, the commercial papers were admitted to dealings on the debt market segment of NSE effective May 26, 2026. The security holds a CARE A1+ credit rating and is unsecured in nature.

HDFC Bank Limited acted as the issuing and paying agent for the transaction. The face value of each commercial paper is Rs 5,00,000, resulting in an aggregate maturity value of Rs 250,00,00,000. The papers are identified by the ISIN INE0NHL14018.

This allotment follows a previous intimation dated May 12, 2026, wherein the Board of Directors of the Investment Manager had approved raising funds up to Rs 1,000 crore via commercial papers in one or more tranches. The current tranche utilizes a portion of this approved limit.

Key Details of the Allotment

Indus Infra Trust has initiated a postal ballot process to seek unitholder approval for two key resolutions concerning fund raising. The Investment Manager, GR Highways Investment Manager Private Limited, proposes to raise funds aggregating up to Rs 50,000 Million through private placement, institutional placement, further public offer, rights issue, or debt. Additionally, the Trust seeks consent for the preferential allotment of units to its sponsor, Aadharshila Infratech Private Limited.

Preferential Issuance to Sponsor

The first resolution seeks approval to issue up to 2,82,51,005 units to Aadharshila Infratech Private Limited on a preferential basis. The proposed fund raise through this issuance aggregates up to Rs 3,300 Million. The issue price will be determined at or above Rs 116.81 per unit, based on the Net Asset Value (NAV) as of March 31, 2026. This issuance is intended to help the sponsor maintain the minimum 15% unitholding requirement, which is mandated until March 11, 2027.

General Fund Raising Approval

The second resolution requests authorization to raise funds up to Rs 50,000 Million. This capital may be raised via the issuance of units or debt instruments such as term loans and non-convertible debentures. The proceeds are intended to be utilized for funding asset acquisitions, repayment of borrowings, and general corporate purposes. The approval granted by unitholders will remain valid for one year from the date of receipt.

E-Voting Schedule and Process

Unitholders whose names appear in the records of depositories as of the cut-off date, May 15, 2026, are eligible to vote. The remote e-voting period commences on May 20, 2026, at 9:00 AM and concludes on June 9, 2026, at 5:00 PM. Both resolutions require a special majority, where votes cast in favor must be at least sixty percent of the total votes cast. The results are expected to be announced on or before June 11, 2026.