INTERISE TRUST has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Interise Trust has informed the stock exchanges that Ms. Neera Saggi (DIN: 00501029) has been reappointed as an Independent Director of Interise Investment Managers Private Limited (the Investment Manager to the Trust) for a second consecutive term of 5 years, effective from March 24, 2026 to March 23, 2031. Her first term of 5 years ran from March 24, 2021 to March 23, 2026. The reappointment was approved by the Board of the Investment Manager based on recommendations of the Nomination and Remuneration Committee, and is subject to the approval of shareholders of the Investment Manager.
This is a routine governance announcement with no direct impact on unit holders or unit price. It signals board continuity, as the same independent director is being retained for another term, but the reappointment still requires shareholder approval.