Maple Infra Trust allots ₹700 crore NCDs at 7.49% coupon

1 min read | Published on 28 Aug 2026, 04:57 PM |Updated on 28 Aug 2026, 04:57 PM

Reviewed by

Ritika DScanX News Team

Add as a preferred
source on Google

Key Highlights

Maple Infra Trust allotted 70,000 NCDs aggregating to ₹700 crore on August 28, 2026
The instruments carry a coupon rate of 7.4890% per annum payable quarterly
Credit rating agency ICRA assigned a AAA rating with a stable outlook
The tenor is 14 years 7 months 3 days from the date of allotment
Issuance complies with SEBI InvIT and NCD regulations

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

Maple Infra Trust has completed the allotment of ₹700 crore worth of non-convertible debentures on August 28, 2026. The issuance was executed via private placement to eligible investors.

The InvIT Committee of the Board of Directors of Maple Infra InvIT Investment Manager Private Limited approved the allotment through a resolution passed by circulation. This action follows intimations dated August 10, 2026 and August 17, 2026.

The issuance complies with the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 and the SEBI Master Circular for Infrastructure Investment Trusts dated July 11, 2025. It also adheres to the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 and the Master Circular dated October 15, 2025.

Instrument Details

The trust allotted 70,000 senior, secured, rated, listed, transferable, taxable, redeemable non-convertible debentures. Each NCD carries a face value of ₹1,00,000.

Parameter	Details
Issue Size	₹700 crore
Number of NCDs	70,000
Face Value	₹1,00,000 per NCD
Coupon Rate	7.4890% per annum
Tenor	14 Years 7 Months 3 Days
Credit Rating	ICRA AAA (Stable)
Listing Status	Listed on BSE Limited

Interest is payable quarterly. The instruments will be listed on BSE Limited within statutory timelines. Axis Trustee Services Limited serves as the InvIT Trustee, while Catalyst Trusteeship Limited acts as the Debenture Trustee.

Historical Stock Returns for Maple Infra Trust

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

How will the ₹700 crore capital raise impact Maple Infra Trust's debt-to-equity ratio and overall leverage metrics in the coming fiscal year?

What specific infrastructure projects or asset acquisitions is Maple Infra Trust planning to fund with the proceeds from this NCD issuance?

Given the 14-year tenor, how does this long-term liability structure align with the maturity profile of the trust's underlying infrastructure assets?

Maple Infra Trust

View Company Insights

View All News

Maple Infra Trust approves ₹700 crore NCD issuance on private placement

1 min read | Published on 13 Aug 2026, 12:00 AM |Updated on 17 Aug 2026, 11:17 PM

Reviewed by

Ashish TScanX News Team

Add as a preferred
source on Google

Key Highlights

Maple Infrastructure Trust approved the issuance of up to ₹700 crore in senior, secured, rated, listed, redeemable NCDs on a private placement basis, with each of the 70,000 debentures carrying a face value of ₹1,00,000. The decision was taken by the InvIT Committee on August 17, 2026, following prior intimations on August 10 and August 12, 2026. The issuance complies with SEBI (Infrastructure Investment Trusts) Regulations, 2014, and the SEBI Master Circular dated July 11, 2025, and falls within the trust's overall approved borrowing limits.

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

Maple Infrastructure Trust has approved the issuance of up to ₹700 crore in non-convertible debentures (NCDs) on a private placement basis. The decision was taken by the InvIT Committee of Maple Infra InvIT Investment Manager Private Limited during a meeting held on Monday, August 17, 2026.

The trust will issue up to 70,000 senior, secured, rated, listed, transferable, taxable, and redeemable non-convertible debentures. Each debenture carries a face value of ₹1,00,000. The issuance will be executed in one or more tranches to eligible investors via private placement. This borrowing falls within the overall approved borrowing limits of the trust.

Meeting details

The InvIT Committee meeting commenced at 6:00 am and concluded at 7:00 pm. The approval follows previous intimations dated August 10, 2026, and August 12, 2026.

NCD issuance at a glance

Key parameters of the approved NCD issuance are summarised below:

Parameter:	Details
Total issuance size:	Up to ₹700 crore
Number of debentures:	Up to 70,000
Face value per debenture:	₹1,00,000
Nature:	Senior, secured, rated, listed, transferable, taxable, redeemable
Placement mode:	Private placement
Issuance structure:	One or more tranches

Regulatory compliance

The intimation was issued pursuant to the SEBI (Infrastructure Investment Trusts) Regulations, 2014. It also aligns with the SEBI Master Circular for Infrastructure Investment Trusts dated July 11, 2025, along with any subsequent amendments, circulars, or guidelines issued thereunder.

Axis Trustee Services Limited serves as the trustee for the entity, which previously operated under the name Indian Highway Concessions Trust before its rebranding.

What the numbers show

The approval of ₹700 crore in non-convertible debt allows the trust to raise capital without diluting the existing unitholder base. By opting for non-convertible instruments, the trust preserves current ownership stakes while accessing liquidity for operational or expansionary needs within its existing borrowing limits.

Historical Stock Returns for Maple Infra Trust