Roadstar Infra Investment Trust has informed the Exchange regarding Submission of the Compliance Report on Corporate Governance for the Q3 FY 2025-26
Awaiting price reaction for this filing.
Roadstar Infra Investment Trust submitted its quarterly corporate governance compliance report for the quarter ended December 31, 2025, as required under SEBI's InvIT regulations. The report confirms a six-member board with a majority of independent directors, and notes the re-appointment of two independent directors (Dr. Rajeev Uberoi and Ms. Preeti Grover) effective January 11, 2026 for a five-year term, subject to shareholder approval. One board meeting was held during the quarter on November 12, 2025, and the Audit Committee and Risk Management Committee also met on the same date. Importantly, the report discloses that the IL&FS Group has initiated a public sale process to divest its interest in the InvIT platform — including 100% of the Sponsor, 93.5% of the Investment Manager, 100% of the Project Manager, and 6.94% of Trust Units — with Axis Capital acting as advisor and EOIs due by January 23, 2026.
Routine governance compliance filing, but the embedded update on the IL&FS sell-off is material — investors should track the outcome of the InvIT platform sale process, as a change in sponsor and investment manager ownership could affect the Trust's strategic direction and unit price.