Anantam Highways Trust has announced the resignation of its Chief Financial Officer Mr. Nilesh Shukla, effective from the close of business hours on Friday, March 13, 2026. The infrastructure investment trust communicated this development to both the National Stock Exchange of India Limited and BSE Limited on March 3, 2026.

Leadership Transition Details

The resignation pertains to Mr. Shukla's role as Chief Financial Officer and Key Managerial Personnel of Alpha Alternatives Fund-Infra Advisors Private Limited, which acts as the Investment Manager to Anantam Highways Trust. The formal communication was signed by Chandra Kant Sharma, Company Secretary and Compliance Officer, on behalf of the Investment Manager.

Regulatory Compliance

The announcement was made in accordance with the applicable provisions of SEBI (Infrastructure Investment Trusts) Regulations, 2014, read with SEBI Master Circular for Infrastructure Investment Trusts dated July 11, 2025. The Trust has ensured compliance with all relevant notifications, clarifications, guidelines and circulars issued under these regulations.

Communication Channels

The resignation information has been formally communicated to both major stock exchanges where the Trust is listed. Additionally, the Trust has uploaded this information on its official website at www.anantamhighways.com for stakeholder access. Axis Trustee Services Limited, serving as the Trustee to Anantam Highways Trust, has also been copied on the communication.

The Trust maintains transparency in its corporate governance practices by promptly informing all relevant stakeholders about significant management changes through proper regulatory channels.

Anantam Highways Trust has released the complete transcript of its earnings conference call for the quarter ended December 31, 2025, held on February 13, 2026. The comprehensive document provides detailed insights into the Trust's financial performance and strategic direction during its first quarter as a publicly listed InvIT.

Conference Call Overview

The earnings conference call was conducted by key management personnel including Jignesh Shah, Whole-Time Director & Chief Executive Officer, and Nilesh Shukla, Chief Financial Officer of Alpha Alternatives Fund-Infra Advisors Private Limited, acting as Investment Manager to the Trust.

Financial Performance Highlights

The Trust delivered strong operating performance following the acquisition of SPVs on October 10, 2025. Key financial metrics for the quarter include:

Distribution and Capital Structure

The Trust announced its first quarterly distribution of ₹2.50 per unit, representing a total distribution of ₹54.40 crores. The NDCF at SPV level was approximately ₹248.50 crores, indicating strong cash generation capabilities.

Strategic Vision and Growth Plans

Management outlined ambitious growth targets, aiming to scale assets under management to approximately ₹25,000 crores by 2029, representing a near 5x growth over three years. The Trust currently operates seven high-quality Hybrid Annuity Model (HAM) assets with an average residual concession life of over 13 years.

Management Commentary

CEO Jignesh Shah emphasized the Trust's differentiated business model, combining Alpha Alternatives' investment management expertise with Dilip Buildcon's operational capabilities. He highlighted four core pillars: scalable AUM growth, transparency and institutional governance, consistency in distributions, and optimal capital structure management.

CFO Nilesh Shukla noted that the quarter marked the first period of meaningful consolidation, providing clear visibility of cash flows across the platform. The management expressed confidence in maintaining AAA credit rating while pursuing accretive acquisitions.

Regulatory Compliance

The transcript release was communicated to both NSE and BSE under Regulation 30, demonstrating the Trust's commitment to regulatory compliance and transparent disclosure. The document was digitally signed by Chandra Kant Sharma, Company Secretary & Compliance Officer, on February 17, 2026.