Anantam Highways Trust has released its comprehensive investor presentation for Q3FY26 financial results, providing detailed insights into the Trust's performance for the quarter ended December 31, 2025. The presentation was made available following the board meeting held on February 11, 2026, and subsequent earnings conference call on February 13, 2026.

Q3FY26 Financial Performance

The Trust reported strong financial metrics for the quarter, with consolidated revenue reaching ₹1,237.62 million and standalone revenue of ₹840.29 million. The financial highlights demonstrate the Trust's operational efficiency:

Distribution and Key Metrics

The Trust has proposed distributions totaling ₹544 million for Q3FY26, translating to ₹2.50 per unit for unitholders. The distribution comprises interest of ₹1.08 per unit, principal payment of ₹1.415 per unit, and other income of ₹0.005 per unit.

Portfolio and Debt Profile

The Trust maintains a diversified portfolio of seven HAM projects spanning approximately 271.65 km with 1,086.60 lane km across five states. The portfolio has a weighted average residual concession life of approximately 13.08 years as of December 31, 2025.

The debt profile shows outstanding borrowings of ₹21,570.86 million from State Bank of India, with a cost of debt at 7.5% per annum and maturity extending to December 2037. The Net Debt to AUM ratio stands at 42.11%, indicating a conservative leverage structure.

Unitholding Pattern and Market Position

As of December 31, 2025, the Trust's unitholding pattern reflects a diverse investor base with 4,696 total unitholders. The holding distribution shows corporates holding 53%, sponsor group 38%, institutions 6%, and retail public 3% of the total units.

The Trust, which successfully listed on NSE and BSE on October 16, 2025, achieved a market capitalization of approximately ₹22,590 million as of December 31, 2025. The institutional investor subscription was 2.4x, while non-institutional investor subscription reached 8.2x during the listing process.

Regulatory Compliance and Communication

The investor presentation has been filed with both NSE and BSE under Regulation 30, where the Trust trades under symbol "ANANTAM" with BSE scrip code 544579. Company Secretary and Compliance Officer Chandra Kant Sharma signed the regulatory filing on behalf of Alpha Alternatives Fund-Infra Advisors Private Limited, acting as Investment Manager. The presentation is also available on the Trust's official website at www.anantamhighways.com , ensuring transparent access for all stakeholders.

Anantam Highways Trust has submitted its quarterly corporate governance compliance report for the quarter ended December 31, 2025, to the National Stock Exchange of India Limited and BSE Limited. The report was filed on January 20, 2026, in accordance with Regulation 26K of SEBI (Infrastructure Investment Trust) Regulations, 2014.

Board Composition and Leadership Structure

The Investment Manager, Alpha Alternatives Fund-Infra Advisors Private Limited, maintains a six-member board of directors with a balanced composition of executive and independent directors.

The board currently operates without a regular chairperson, and the chairperson position is not related to the managing director or CEO.

Committee Structure and Governance

The trust has established five statutory committees, each with designated chairpersons and proper composition as per regulatory requirements.

Key Committees Overview

All committee appointments were effective from March 08, 2025, ensuring proper governance oversight across critical areas of operations.

Meeting Activity and Compliance

During the quarter ended December 31, 2025, the board conducted one meeting on November 11, 2025, with five directors present including three independent directors. The meeting maintained proper quorum requirements with a 76-day gap from the previous board meeting held on August 26, 2025.

Committee Meeting Summary

• Audit Committee: Conducted one meeting on November 11, 2025, with three directors present including two independent directors
• Risk Management Committee: Held one meeting on November 11, 2025, with two directors present including one independent director
• InvIT Committee: Conducted one meeting on October 06, 2025, with two directors present
• Nomination & Remuneration Committee: No meetings held during the quarter
• Stakeholders Relationship Committee: No meetings held during the quarter

Regulatory Compliance Affirmations

The trust confirmed full compliance with SEBI InvIT Regulations across all governance parameters. The board composition aligns with regulatory requirements, and all committees operate within their designated powers and responsibilities. The report noted that as the trust was listed on October 16, 2025, the placement of the previous quarter's report before the board was not applicable.

The compliance report has been made available on the trust's website at www.anantamhighways.com and will be presented to the board at the upcoming meeting. Company Secretary & Compliance Officer Chandra Kant Sharma signed the report, ensuring proper documentation and regulatory adherence.