Intelligent Supply Chain Infrastructure Trust has informed the Exchange regarding Outcome of Annual General Meeting held on 28/07/2025
Awaiting price reaction for this filing.
Intelligent Supply Chain Infrastructure Trust held its Second AGM on July 28, 2025 via video conferencing, where all 4 resolutions were passed unanimously by the unitholders who voted. Out of 53 unitholders on record date, 3 attended through VC (all from Sponsor/Investment Manager/Project Manager category; no public unitholders attended). Of the total 30.48 crore outstanding units, 26.68 crore units (87.53%) were polled through remote e-voting, with 100% votes cast in favour of every resolution. The resolutions included adoption of audited financial statements for FY ending March 31, 2025, approval of the valuation report of the InvIT asset, granting of borrowing authority and creation of charge on assets, and amendment to the Distribution Policy and loan agreements. The scrutinizer's report confirmed the voting process was fair and transparent.
Unitholders approved all key items including financial statements, asset valuation, expanded borrowing powers, and changes to the distribution policy and loan agreements. The resolutions granting borrowing authority and amending the distribution policy required special majority (75% and 60% respectively), which was comfortably cleared, giving the trust's management greater financial flexibility going forward.