Citius Transnet Investment Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Citius TransNet Investment Trust has issued a postal ballot notice seeking unitholder approval through e-voting for enhancing its aggregate consolidated borrowings and deferred payments limit from the current level to 49% of the value of InvIT assets. The e-voting period runs from May 20, 2026 to June 10, 2026. This borrowing limit is permitted under SEBI InvIT Regulations subject to credit rating and unitholder approval. The trust has already obtained credit ratings from CRISIL Ratings Limited and India Ratings and Research Pvt Ltd. The Investment Manager states this will enable the trust to fund potential investment opportunities and address cashflow mismatches or operational requirements. The resolution requires simple majority approval where votes in favor must be at least 1.5 times votes against.
Approval of this resolution will give the Investment Manager flexibility to raise additional debt up to 49% of asset value, potentially enabling new infrastructure investments or funding operations. This increases financial flexibility but also raises the trust's debt obligations, which unitholders should monitor.