Capital Infra Trus has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of Gawar Investment Manager Private Limited (Investment Manager to Capital Infra Trust) approved audited standalone and consolidated financial results for FY ended March 31, 2025, along with the auditor's report from Walker Chandiok & Co LLP. The Trust reported total income of Rs. 4,048.32 million for FY25, but booked an exceptional impairment loss of Rs. 4,441.65 million on its investments in subsidiaries and loans to project SPVs, resulting in a net loss of Rs. 769.16 million for the year. The Board declared a Q4 FY25 distribution of Rs. 11.18 per unit (total ~Rs. 3,078 million) and an interim Q1 FY26 distribution of Rs. 2.61 per unit (total ~Rs. 718 million), with record date June 3, 2025 and payment on or before June 10, 2025. Capital Infra Trust is an InvIT that listed on BSE and NSE in January 2025 after acquiring nine road project SPVs from sponsor Gawar Construction Limited.
Unitholders will receive a combined FY25 distribution of Rs. 23.89 per unit at Trust level. While cash distributions remain supported by net distributable cash flows of Rs. 6,424.84 million, the Rs. 4,441.65 million impairment loss signals value erosion in underlying SPV assets and is a negative watch item for the unit price.