Intelligent Supply Chain Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Intelligent Supply Chain Infrastructure Trust (InvIT, listed on BSE) submitted its Annual Secretarial Compliance Report for FY2024-25, prepared by Shroff Negandhi and Associates LLP. The report confirms overall compliance with SEBI InvIT Regulations, Listing Regulations, and Insider Trading Regulations. One minor deviation was noted: the Risk Management Committee (RMC) had only 2 members instead of the required 3 between June 1 and July 23, 2024, after a member resigned. This was fixed on July 24, 2024 when a new Non-Executive Director was inducted. No SEBI action was taken against the InvIT, its promoter, or its directors during the year. Multiple SEBI inspections and advisories were issued against Axis Trustee Services Limited (the trustee), but these are explicitly stated as not related to this InvIT. A prior observation about maintaining a separate Structured Digital Database (SDD) remains partially unresolved, as the Investment Manager continues to use a common SDD for two InvITs.
This is a routine regulatory filing with no material adverse impact on unit holders. The RMC composition gap was brief and already corrected, and the SEBI actions mentioned are against the external trustee, not the Trust itself. Minor governance flag on the common SDD issue continues but is not expected to affect unit price.