Capital Infra Trust Announces Postal Ballot to Seek Unitholders' Approval for Acquisition of Six Road Assets and Related Resolutions

2026-08-27 11:07:57 Business

New Delhi August 27, 2026 - Capital Infra Trust , (NSE: CAPINVIT, BSE Scrip Code: 544338), announces that its Investment Manager, Gawar Investment Manager Private Limited, has issued a Notice of Postal Ballot seeking the approval of the Trust's Unitholders on four key resolutions through remote e-voting.

The Board of Directors of the Investment Manager approved the Postal Ballot Notice on Monday, August 17, 2026. The notice has been dispatched electronically to Unitholders whose names appeared in the records of Depositories as on the cut-off date of Friday, August 14, 2026. The Trust has engaged KFin Technologies Limited (“KFintech”) as the agency to facilitate the remote e-voting process.

Mr. Hare Krishna, Chief Executive Officer, Capital Infra Trust, added, "This Postal Ballot marks an important step in Capital Infra Trust's growth strategy. The proposed acquisition of these six road assets strengthens our portfolio and is aligned with our long-term vision of building a diversified, high-quality infrastructure platform for our Unitholders. We look forward to their continued support as we put these resolutions to vote."

Resolutions Proposed

Unitholders are being asked to vote on the following four resolutions, as set out in the Postal Ballot Notice:

• Acquisition of 100% equity share capital, in one or more tranches, of six road asset special purpose vehicles - Gawar Bhiwani Highway Private Limited, Gawar Kangra Highways Private Limited, Gawar Pathankot Mandi Highway Private Limited, Gawar Udaipur Highway Private Limited, Gawar Waranga Highways Private Limited, and Gawar Rudrapur Highway Private Limited (collectively, the “Target Assets”) - to be passed by simple majority.

• Authority to borrow funds and create charge on assets and related matters, to be passed by special majority (approval from Unitholders holding at least 75% of value).

• Fund raising through Institutional Placement, debt from various sources, or a combination thereof, to be passed by special majority (at least 60% of votes cast in favour).

• Preferential issuance of Units to Gawar Construction Limited, Sponsor of the Trust, for an aggregate consideration of up to Rs. 1,24,99,92,800, to be passed by special majority (at least 60% of votes cast in favour).

A copy of the Postal Ballot Notice, along with the Valuation Report on the Target Assets dated August 17, 2026, has been enclosed with the communication sent to the stock exchanges and is also available on the Trust's website.

E-Voting Timeline

• Remote e-voting commences: Tuesday, August 18, 2026, at 9:00 A.M. (IST)

• Remote e-voting closes: Wednesday, September 9, 2026, at 5:00 P.M. (IST)

• Results to be announced: on or before Friday, September 11, 2026, within two working days of the last date of voting

Mr. Vaibhav Dandawate (failing him, Ms. Deepti Kulkarni), Partners at Makarand M. Joshi & Co., Practicing Company Secretaries, has been appointed as the Scrutinizer to oversee the postal ballot process in a fair and transparent manner. Following scrutiny, the results, together with the Scrutinizer's report, will be submitted to the National Stock Exchange of India Limited and BSE Limited, and published on the Trust's website and on KFintech's e-voting portal.

Unitholders are encouraged to refer to the detailed e-voting instructions contained in the Notes to the Postal Ballot Notice for guidance on casting their votes electronically.

ABOUT CAPITAL INFRA TRUST

Capital Infra Trust (SEBI Registration: IN/InvIT/23-24/0029) is an Infrastructure Investment Trust listed on BSE (544338) and NSE (CAPINVIT), focused on acquiring and managing operational Hybrid Annuity Model (HAM) road assets under concession from NHAI. The Trust is managed by Gawar Investment Manager Private Limited, a subsidiary of Gawar Construction Limited. Capital Infra Trust holds AAA/Stable ratings from CRISIL, CARE, and ICRA.