Citius TransNet Investment Trust has scheduled its First Annual Meeting for July 27, 2026, at 10:30 A.M. IST through Video Conferencing. The Trust, registered with the Securities and Exchange Board of India (SEBI) on August 01, 2025, reported a net loss of ₹31.53 million for the financial year ended March 31, 2026, due to the absence of operating revenue during the pre-operational phase. The meeting agenda includes the adoption of the audited standalone financial statements for FY26 and the appointment of statutory auditors and a valuer.

Financial Performance

The financial statements for the period ended March 31, 2026, reflect the Trust's pre-operational status. Revenue from operations was nil, while total expenses aggregated to ₹31.53 million, primarily driven by listing expenses of ₹24.80 million and other expenses of ₹5.58 million. Consequently, the loss for the period after tax stood at ₹31.53 million. The Trust did not have any outstanding units as on March 31, 2026, as the acquisition of the Initial Portfolio Assets was consummated in April 2026.

Post-FY26 Developments

In April 2026, the Trust launched an Initial Public Offer (IPO) of its units aggregating ₹11.05 billion. The offer was fully subscribed, and the Trust issued 610 million units at a price of ₹100 per unit. The unit capital of the Trust comprises 110.50 million units issued pursuant to the IPO and 499.50 million units issued to existing security holders as consideration for the purchase of securities of underlying entities. The units of the Trust were listed on the BSE and NSE effective from April 29, 2026.

Portfolio and Governance

The Initial Portfolio Assets comprise 10 toll and annuity-based highway Project SPVs, aggregating a total of 3,406.71 lane-kilometers across nine Indian states. The toll assets demonstrated a traffic growth of 5.4% in FY26 over FY25. M/s. S R B C & Co LLP, Chartered Accountants, were appointed as the first Statutory Auditors of the Trust. The Trust has scheduled its First Annual Meeting for July 27, 2026, through Video Conferencing to transact business including the adoption of financial statements and the appointment of Statutory Auditors and a Valuer.

Citius TransNet Investment Trust accepted the resignation of Pravin Karambelkar as its Compliance Officer and Company Secretary of EAAA TransInfra Managers Limited. The resignation, effective immediately, was submitted to pursue career opportunities outside the organization. To maintain regulatory compliance, the Board of Directors of the Investment Manager designated Padmanabhan Parthasarathy as the Interim Compliance Officer.

Appointment of Interim Compliance Officer

The Board of Directors of EAAA TransInfra Managers Limited appointed Padmanabhan Parthasarathy, the Chief Financial Officer, as the Interim Compliance Officer of Citius TransNet Investment Trust. This appointment was made through a circular resolution dated June 25, 2026. The interim role is effective from June 25, 2026, and will remain in force until a new Compliance Officer is appointed.

Transition Details

Pravin Karambelkar will continue his service until July 20, 2026, to facilitate a smooth transition of responsibilities. This arrangement ensures that compliance oversight and regulatory functions remain uninterrupted during the changeover period.