Interise Trust fixes June 2 record date for ₹760 crore CP redemption

1 min read Updated on 21 May 2026, 12:26 PM

Reviewed by

Radhika SScanX News Team

AI Summary

Interise Trust has fixed June 2, 2026, as the record date for the redemption of commercial papers worth ₹760 crore, with a maturity date of June 3, 2026. The announcement complies with SEBI InvIT Regulations.

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

Interise Trust has announced June 2, 2026, as the record date to determine the eligibility of shareholders for the redemption of commercial papers. The securities are set to mature on June 3, 2026. The intimation was made pursuant to the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 and other applicable regulations.

The trust specified that the purpose of the record date is strictly for the redemption of the commercial papers. The total amount earmarked for this redemption stands at ₹760 crore. The details regarding the specific scrip and the redemption schedule were disclosed in the filing.

The following table outlines the key details of the redemption:

Scrip Code	ISIN	Entity Name	Maturity / Redemption Date	Record Date	Amount (In Rs.)
729550	INE790Z14034	Interise Trust	June 3, 2026	June 2, 2026	760,00,00,000.00

The communication was addressed to the Corporate Relations Department of BSE Limited. Interise Investment Managers Private Limited, acting as the Investment Manager to the trust, issued the confirmation. The filing was digitally signed by Amit Shah, Chief Compliance Officer & Vice President – Company Secretary.

How will Interise Trust plan to refinance or redeploy the ₹760 crore following the redemption of these commercial papers in June 2026?

What impact could the redemption of this significant commercial paper obligation have on Interise Trust's liquidity position and future fundraising strategy?

Are there any additional commercial paper maturities or debt obligations scheduled for Interise Trust in the second half of 2026 that investors should monitor?

Read Next Article

Interise Trust unitholders approve NHAI pact amendment

1 min read Updated on 21 May 2026, 12:10 PM

Reviewed by

Naman SScanX News Team

Add as a preferred
source on Google

AI Summary

Interise Trust unitholders approved the amendment to the NHAI concession agreement via a supplementary agreement. The resolution passed with 100% of votes polled, representing 95.60% of outstanding units.

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

Interise Trust has announced the conclusion of its postal ballot voting process regarding the amendment to the concession agreement with the National Highway Authority of India (NHAI). The resolution, which sought unitholder approval for the project SPV to execute a supplementary agreement, was passed with the requisite majority. The voting process concluded on Wednesday, May 20, 2026.

The postal ballot was conducted in compliance with the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014. The notice for the postal ballot was dated April 27, 2026, and the voting period commenced on April 30, 2026. The resolution required a majority where votes cast in favour were not less than 60% of the votes cast against, as per the amended and restated Trust Deed dated February 27, 2024.

Voting Results Summary

The scrutinizer's report confirmed that the resolution secured 100% of the votes polled. A total of 99,65,98,841 votes were cast in favour of the resolution, with no votes recorded against it. The participation represented 95.60% of the outstanding units.

Category	No. of Votes Polled	% of Votes Polled on Outstanding Units	Votes in Favour	Votes Against	% in Favour on Votes Polled
Sponsor(s)/ Investment Manager/ Project Manager(s) and associates	63,41,46,428	60.83%	63,41,46,428	NIL	100%
Public Holdings (Foreign Portfolio Investor)	36,24,52,413	34.77%	36,24,52,413	NIL	100%
Total	99,65,98,841	95.60%	99,65,98,841	NIL	100%

Resolution Details

The specific resolution approved by unitholders authorizes the amendment to the concession agreement with NHAI by the project SPV, Devihalli Hassan Tollway Private Limited. This will be executed through a supplementary agreement. The total number of unitholders as on the cut-off date of April 24, 2026, was 47.

The facility for casting votes was provided by National Securities Depository Limited (NSDL). No physical postal ballot forms were received, and all voting was conducted electronically. The final report was generated after the voting period concluded at 5:00 p.m. IST on May 20, 2026.

What specific changes to the concession terms with NHAI does the supplementary agreement introduce, and how might these amendments affect Interise Trust's toll revenue projections for the Devihalli Hassan Tollway?

How could the amended concession agreement impact the remaining concession period and potential extension possibilities for the Devihalli Hassan Tollway project SPV?

Given the near-unanimous unitholder approval, what does this signal about investor confidence in Interise Trust's broader strategy for renegotiating infrastructure concession terms with NHAI?