BSERoadstar Infra Investment TrustMediumNeutral
Announced Wed, 18 Jun · 18:29 IST

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

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Roadstar Infra Investment Trust announced the outcome of its Board of Directors meeting held on June 18, 2025. The Board approved the re-appointment of Dr. J.N. Singh as Non-Executive Independent Director for a further period of 5 years, effective July 15, 2025, subject to shareholder approval. The Board also approved the appointment of Ernst & Young Merchant Banking Services LLP as the registered valuer of the Trust for four consecutive financial years starting April 1, 2025, subject to unitholder approval. Both decisions are in line with SEBI InvIT Regulations.

Likely market impact

These are routine corporate governance actions with no material financial impact expected. The re-appointment ensures board continuity, while engaging a reputed valuer like Ernst & Young provides credibility to future asset valuations, which may be viewed positively by unitholders.