INTERISE TRUST has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Interise Trust (formerly IndInfravit Trust) has informed exchanges that the Board of Directors of its Investment Manager, Interise Investment Managers Limited, will meet on Wednesday, May 21, 2025. The Board will consider and approve the annual audited financial statements (consolidated and standalone) for the half-year and full year ended March 31, 2025. It will also consider a possible distribution (dividend) to unitholders and evaluate the issuance of Commercial Papers. If a distribution is declared, the record date has been fixed as Saturday, May 24, 2025.
Investors should watch for the upcoming audited results, any distribution announcement, and details of Commercial Paper issuance on May 21. Eligible unitholders on the May 24 record date will receive the distribution, if declared, while new debt issuance could affect the trust's short-term borrowing profile.