Maple Infrastructure Trust has informed the Exchange regarding Annual report for FY ended 2024-25
Awaiting price reaction for this filing.
Maple Infrastructure Trust (formerly Indian Highway Concessions Trust) has filed the notice for its 4th Annual Meeting of unitholders along with the Annual Report for FY 2024-25. The AGM is scheduled for July 23, 2025 at 5:30 PM via video conferencing, with e-voting open from July 18-22, 2025. Four items are on the agenda: adoption of audited standalone and consolidated financial statements, adoption of the BDO Valuation Advisory LLP valuation report, appointment of M/s. GT Valuation Advisors as the new valuer for FY 2025-26 (at Rs 2.75 lakh per asset per valuation), and re-appointment of S.R. Batliboi & Co. LLP as statutory auditor for another 5-year term at Rs 1.34 crore for FY 2025-26. The valuer change is mandatory as BDO has completed the maximum four consecutive years permitted under SEBI InvIT Regulations.
This is a routine procedural filing with no material impact on unit price. The valuer change is regulatory-driven (mandatory rotation after 4 years), and the auditor reappointment ensures continuity. Investors should review the FY 2024-25 financial statements and valuation report once adopted at the AGM.