Interise Trust (formerly known as IndInfravit Trust), a prominent Infrastructure Investment Trust (InvIT) under SEBI Registration No. IN/InvIT/17-18/0007, has successfully concluded a key Postal Ballot exercise. This ballot was carried out in accordance with the regulations prescribed by the Securities and Exchange Board of India (SEBI) under the Infrastructure Investment Trusts (InvIT) Regulations, 2014, and applicable SEBI circulars.

Overview of the Resolution

The main objective of this Postal Ballot was to consider and approve the amendment to the concession agreement with the National Highways Authority of India (NHAI). This amendment was proposed by the project Special Purpose Vehicle (SPV) of Interise Trust, namely, Krishnagiri Walajahpet Tollway Private Limited (KWTPL). The proposal involved the execution of a supplementary agreement related to the tollway project. This agreement aims to enhance the operational efficiency and the long-term viability of the tollway, further fortifying the Trust’s infrastructure projects.

Voting Outcome

The resolution was passed with the required majority, with over 95% of the votes cast in favor, demonstrating strong support from unitholders. The Postal Ballot was conducted through E-Voting, ensuring a transparent and accessible voting process for all stakeholders.

The total number of unitholders as of the cut-off date, March 28, 2025, was 44. The results of the E-Voting exercise, concluded on April 23, 2025, showed:

• Total number of units held: 104,24,11,177

• Total votes polled: 99,66,56,037 (approximately 95.61% of outstanding units)

• Votes in favor: 99,66,56,037 (100% of votes polled)

• Votes against: NIL

The high level of participation and overwhelming support is indicative of strong confidence among the unitholders in the Trust’s management and its strategic initiatives.

Resolution Details and its Impact

The primary resolution approved the amendment to the concession agreement between KWTPL and NHAI. This amendment is expected to provide a framework for better financial and operational flexibility, which is anticipated to improve the overall performance of the tollway and enhance the returns for unitholders.

Additionally, the resolution empowers the Trust’s management to take necessary steps to implement this agreement, thereby contributing to the long-term growth and stability of the Trust’s infrastructure assets. This aligns with the Trust's vision of creating significant value for its stakeholders through strategic investments and operational improvements in key infrastructure projects.

Unitholder Breakdown:

The voting results were categorized by unitholder type and the percentage of votes cast in favor of the resolution as follows:

• Sponsors/Investment Managers/Project Managers: 100% votes in favor (63,41,46,428 votes)

• Public Holdings (including Foreign Portfolio Investors): 100% votes in favor (99,66,56,037 votes)

The breakdown of the voting shows strong alignment and support from various categories of unitholders, with no votes against the proposed amendment.

Moving Forward

The successful passing of this resolution marks a critical milestone in the journey of Interise Trust. The Trust is now poised to execute the necessary agreements with NHAI, ensuring that the Krishnagiri Walajahpet Tollway continues to be a cornerstone of the Trust’s growing infrastructure portfolio. The resolution not only enhances the operational framework for this project but also strengthens Interise Trust's standing in the infrastructure investment market.

For additional details, unitholders and investors can access the full voting results and scrutinizer report on the official Interise Trust website at www.interiseworld.com.

Interise Trust remains committed to transparency, compliance, and maximizing value for its stakeholders, guided by its robust governance practices and adherence to regulatory standards.

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