BSERoadstar Infra Investment TrustMediumNeutral
Announced Thu, 18 Dec · 18:18 IST

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

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Roadstar Investment Managers Limited, which manages Roadstar Infra Investment Trust, has approved the re-appointment of Dr. Rajeev Uberoi and Ms. Preeti Grover as Independent Directors via a board resolution by circulation. Both will serve a second term of 5 years each, effective January 11, 2026. The re-appointment is subject to shareholder approval. Both directors have confirmed they meet the independence criteria under SEBI InvIT Regulations and the Companies Act, 2013.

Likely market impact

This is a routine governance update that reinforces board continuity at the Investment Manager level. It carries no material impact on the trust's financials or unit price, as it simply extends the tenure of existing independent directors pending shareholder nod.