Interise Trust has achieved a significant milestone in corporate governance, with its investment manager receiving prestigious recognition from the Institute of Company Secretaries of India (ICSI). The trust announced this achievement through a regulatory filing.

ICSI Corporate Governance Award Recognition

Interise Investment Managers Private Limited, which serves as the investment manager for Interise Trust, has been honored as the Best Governed Company - Unlisted Segment: Emerging Category at the 25th edition of the ICSI National Awards for Excellence in Corporate Governance. The awards ceremony was organized by The Institute of Company Secretaries of India (ICSI) in New Delhi.

Industry-First Achievement

This recognition marks a historic achievement for the investment manager, as it becomes the first among all investment managers of respective business trusts (InvITs/REITs) in India to be accredited with such recognition. This distinction highlights the company's commitment to maintaining high standards of corporate governance practices within the infrastructure investment trust sector.

Individual Recognition for Leadership

Complementing the corporate award, Mr. Amit Shah, Chief Compliance Officer of Interise Investment Managers Private Limited, has been conferred with the Governance Professional of the Year Award by ICSI. This individual recognition underscores the leadership's dedication to excellence in governance practices.

Regulatory Compliance

Interise Trust has duly informed both BSE Limited and National Stock Exchange of India Limited about this achievement, maintaining transparency with stakeholders and regulatory authorities. The notification was signed by Amit Shah in his capacity as Chief Compliance Officer and Vice President-Company Secretary of the investment manager.

Interise Trust , a prominent infrastructure investment trust, successfully concluded its postal ballot process with unitholders providing unanimous approval for amendments to concession agreements with the National Highway Authority of India (NHAI). The voting concluded on December 11, 2025, with the resolution passing by requisite majority.

Postal Ballot Results

The voting results demonstrated strong unitholder support for the proposed amendments:

Purpose of the Amendment

The approved amendments address the compensation mechanism for annual pass facilities implemented by the Ministry of Road Transport and Highways (MORTH). This follows MORTH's introduction of an annual pass facility for non-commercial vehicles with valid Fastags, effective August 15, 2025.

Annual Pass Facility Framework

Project SPVs Covered

The amendment affects concession agreements for 13 Special Purpose Vehicles:

1. Bijapur - Hungund Tollway Private Limited
2. Beawar Pali Pindwara Tollway Private Limited
3. Bhilwara-Rajsamand Tollway Private Limited
4. Devihalli Hassan Tollway Private Limited
5. Dhule Palesner Tollway Private Limited
6. Hyderabad - Yadgiri Tollway Private Limited
7. Igatpuri Highway Private Limited
8. Krishnagiri Thopur Toll Road Private Limited
9. Krishnagiri Walajahpet Tollway Private Limited
10. Rayalseema Expressway Private Limited
11. Simhapuri Expressway Limited
12. Shreenathji-Udaipur Tollway Private Limited
13. Western Andhra Tollways Private Limited

Voting Process and Oversight

The postal ballot was conducted through e-voting services provided by National Securities Depository Limited (NSDL). Mr. Yogesh Singhvi, a Practicing Company Secretary, served as the scrutinizer to ensure fair and transparent voting. The cut-off date for determining eligible unitholders was November 15, 2025, with 47 total unitholders on record.

The unanimous approval reflects strong unitholder confidence in the trust's strategic approach to managing the evolving highway infrastructure landscape and adapting to new government policies affecting toll revenue collection.