Capital Infra Trus has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Capital Infra Trust (an Infrastructure Investment Trust, formerly known as National Infrastructure Trust) has submitted its Annual Secretarial Compliance Report for FY25, audited by MMJB & Associates LLP. The report flags a few compliance gaps: one member of the Nomination and Remuneration Committee was not independent (later fixed after April 1, 2025 InvIT regulation amendment), mandatory committee meetings of SRC and Independent Directors were not held during the year (the trust says this is because units were only listed on January 17, 2025), and the Investment Manager did not review quarterly compliance reports in time. The trust's units got listed on BSE (Scrip 544338) and NSE (CAPINVIT) in January 2025. The report also notes multiple SEBI administrative warnings and deficiency letters issued to Axis Trustee Services Limited (the InvIT's Trustee) across various inspections between 2021 and 2025, though specific details were not disclosed by the Trustee.
The deviations are mostly procedural and partly explained by the recent January 2025 listing. The SEBI actions are aimed at the Trustee, not the InvIT itself, so direct impact on unit holders is limited. Investors should monitor whether the flagged governance gaps get fully resolved in FY26.