BSEMaple Infrastructure TrustMediumNeutral
Announced Wed, 23 Jul · 22:09 IST

Maple Infrastructure Trust has informed the Exchange regarding Disclosure of material issue

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Maple Infrastructure Trust (formerly Indian Highway Concessions Trust) held its 4th Annual Meeting of Unitholders on July 23, 2025, via video conferencing. Four resolutions were put to vote, and all were passed unanimously with 100% of votes cast in favour. A total of 32,70,70,913 units (92.87% of outstanding units) participated in the voting out of 35,21,70,000 total units, with 21 unitholders on record and 4 attending the meeting. The approved resolutions include: (1) adoption of audited standalone and consolidated financial statements for FY25, (2) adoption of the valuation report by BDO Valuation Advisory LLP as of March 31, 2025, (3) appointment of GT Valuation Advisors Pvt Ltd as valuer for FY26, and (4) re-appointment of S.R. Batliboi & Co. LLP as statutory auditor for a 5-year term.

Likely market impact

This is a routine procedural filing with no material impact on shareholders. All resolutions passed with unanimous support, including auditor re-appointment for 5 years and valuation-related approvals. No negative signals for unit holders.