BSERaajmarg Infra Investment TrustMediumNeutral
Announced Thu, 16 Apr · 18:39 IST

Raajmarg Infra Investment Trust has informed the Exchange regarding Disclosure of material issue

Kmp ResignedManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Raajmarg Infra Investment Trust has informed the exchanges that Mr. Ashish Kumar Singh (DIN: 09841587) has ceased to be a Director of Raajmarg Infra Investment Managers Private Limited (RIIMPL), the Investment Manager to the Trust, with effect from 31st March 2026. He was relieved from this additional charge via an NHAI office order dated 2nd April 2026, and the intimation was received by the Company via email on 15th April 2026. RIIMPL is the investment manager entity set up to manage the InvIT, which is sponsored by NHAI. This appears to be an NHAI-nominee director being rotated off the board rather than a voluntary resignation.

Likely market impact

This is a board-level change at the Investment Manager entity and is largely procedural, driven by the sponsor (NHAI) recalling its nominee. No material impact on the Trust's operations or unit holders is indicated.