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 informed BSE that its Investment Manager's Board of Directors will meet on May 21, 2025. The Board will consider and approve audited standalone and consolidated financial information/results for the half-year and full year ended March 31, 2025, along with the auditor's reports. It will also consider the declaration of a distribution to unitholders, if any. If a distribution is declared, the record date has been fixed as Monday, May 26, 2025. The trading window for dealing in MIT units has been closed since April 1, 2025, and will reopen 48 hours after the board meeting outcome is announced.
This is a pre-results board meeting intimation, so no immediate price action is expected. Investors should watch for the May 21 outcome, which will reveal FY25 earnings and whether a distribution (akin to a dividend for an InvIT) will be declared with a record date of May 26, 2025.