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 issued a postal ballot notice to its unitholders seeking approval on two resolutions through remote e-voting. The first resolution seeks approval to amend the Distribution Policy to align with SEBI's revised Master Circular dated July 11, 2025, which mandates consistent distribution frequency, inclusion of cashflows from all assets (including SPVs and HoldCos), and 90% minimum distribution from NDCF. This requires 60% majority approval. The second resolution seeks approval to amend the Policy on Unpublished Price Sensitive Information and Dealing in Units to align with amended SEBI Insider Trading Regulations, requiring 50% majority. E-voting opens on August 16, 2025 and closes on September 14, 2025, with August 8, 2025 as the cut-off date. NSDL has been engaged as the e-voting agency, and Mr. Jatin Prabhakar Patil of M/s. Mayekar & Associates has been appointed as scrutinizer.
This is a routine regulatory compliance update with no material financial impact on unitholders. The amendments bring the trust's policies in line with the latest SEBI regulations governing InvITs. Unitholders should review the proposed changes, particularly the Distribution Policy which formalizes the 90% NDCF distribution requirement and consistent distribution frequency, as it directly affects how often and how much they receive in distributions.