Roadstar Infra Investment Trust has informed the Exchange regarding Submission of the Compliance Report on Corporate Governance for the Q4 FY 2025-26
Awaiting price reaction for this filing.
Roadstar Infra Investment Trust submitted its Q4 FY 2025-26 corporate governance compliance report under SEBI InvIT Regulations. The board has 6 directors with 5 being independent, and all 4 committees (Audit, Nomination & Remuneration, Risk Management, and Stakeholders Relationship) are properly constituted with independent chairpersons. Board meetings were held in November 2025 and February 2026 with proper quorum. Notably, the re-appointment of two Independent Directors (Dr. Rajeev Uberoi and Ms. Preeti Grover) for a second 5-year term was approved by shareholders in March 2026. The report confirms full compliance with SEBI InvIT governance requirements including all affirmations.
The Trust demonstrates strong governance with majority independent board and all committees properly structured. A significant development is that IL&FS is divesting its entire stake in the Trust through a public sale process, with 15 bidders currently in due diligence. This ownership change could impact unit holder value depending on the new owner.