Maple Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Maple Infrastructure Trust (formerly Indian Highway Concessions Trust) has filed its half-yearly statement of deviations or variations in the use of proceeds for the period ended March 31, 2025. The original issue involved units worth Rs. 910 crore placed privately on June 23, 2022. The filing reports NIL deviations from the objects stated in the Final Placement Memorandum and NIL category-wise variations between projected and actual utilisation of funds. The disclosure was made under SEBI InvIT Regulations and is also available on the trust's website. This is a routine regulatory compliance filing required for infrastructure investment trusts.
This is a neutral, routine compliance disclosure. No negative implications for unit holders — the trust has used its Rs. 910 crore raised in 2022 exactly as promised to investors, with no deviation in spending categories.