INTERISE TRUST has informed the Exchange regarding Record date for purpose of distribution for the 3 FY 2024-25 is 24/05/2025
Awaiting price reaction for this filing.
Interise Trust (an Infrastructure Investment Trust, formerly IndInfravit Trust) has informed the exchanges that a Board Meeting of its Investment Manager will be held on May 21, 2025. The Board will consider approving the annual audited financial statements (consolidated and standalone) for the half-year and full year ended March 31, 2025, along with any potential distribution to unitholders for FY 2024-25. If a distribution is declared, the record date has been fixed as May 24, 2025. The Board will also consider the issuance of Commercial Papers. No actual distribution amount or yield has been disclosed at this stage.
This is a pre-announcement setting expectations for a possible distribution to unitholders along with FY25 results. Unitholders holding units by May 24, 2025 would be eligible for the distribution if approved. The actual impact on unit price will depend on the distribution quantum and financial results disclosed at the May 21 meeting.