StockWatch
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Road Assets–Toll, Annuity, Hybrid-Annuity
Loan & Debt13 Aug 2026, 06:33 pm

Maple Infrastructure Trust Seeks Unitholder Approval for Axis Bank Borrowings

AI Summary

Maple Infrastructure Trust (MIT), through its Investment Manager Maple Infra InvIT Investment Manager Private Limited, has initiated a postal ballot process to seek unitholder approval for availing borrowings from Axis Bank Limited. This is in accordance with the Trust's Leverage Policy and SEBI (Infrastructure Investment Trusts) Regulations, 2014. The approval sought covers existing and future loans from Axis Bank, a related party, up to 40% of the consolidated borrowings. Unitholders can cast their votes remotely via e-voting from August 14, 2026, to September 12, 2026. The company has appointed a scrutinizer to oversee the e-voting process.

Key Highlights

  • Unitholder approval sought for borrowings from Axis Bank.
  • Borrowings to align with Trust's Leverage Policy and SEBI regulations.
  • E-voting period: August 14, 2026, to September 12, 2026.
  • Approval covers existing and future loans up to 40% of consolidated borrowings.
  • Axis Bank is identified as a related party.