Postal ballot results: unitholders approve 3 resolutions including acquisitions

Board & Shareholder Meetings View source PDF

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Three postal ballot resolutions approved by unitholders with requisite majority. They cover acquisition of 7 highway SPVs (BEPL, DEPL, KEPL, PHL, BGHL, RVHL, MHHL) and preferential issue of units for non-cash consideration. All passed with near 100% approval (12 to 548 votes against). Voting closed July 25, 2026.

Likely market impact

Portfolio expansion through 7 highway asset acquisitions approved. Non-cash preferential unit issuance may dilute existing unitholders.