Maple Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Maple Infrastructure Trust has announced the results of its postal ballot concluded on November 12, 2025, with all 5 resolutions passed unanimously by unitholders with 100% votes in favor. Participation was strong, with 94.38% of outstanding units (33.24 crore out of 35.22 crore units) voting in the remote e-voting process. The key resolutions approved include acquiring 5 toll road assets from Ashoka Concessions Limited and its associates, and issuing up to 12.06 crore units on a preferential basis for an aggregate consideration of up to ₹1,755.98 crore. Other resolutions approved the third amended investment management agreement, a change in use of proceeds from the earlier private placement, and an amended distribution policy. The postal ballot notice was originally issued on October 14, 2025, with a cut-off date of October 10, 2025, and the scrutinizer was Mr. Jatin Prabhakar Patil of M/s. Mayekar & Associates.
Unitholders have cleared the path for MIT to acquire 5 new toll road assets and raise up to ~₹1,756 crore through a preferential unit issuance, which will expand the trust's portfolio but may dilute existing unitholders. The change in use of proceeds and amended distribution policy could affect future cash flows and payouts to investors.