StockWatch
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Road Assets–Toll, Annuity, Hybrid-Annuity
Loan & Debt12 Sept 2026, 07:50 pm

Maple Infrastructure Trust Unitholders Approve Borrowings from Axis Bank

AI Summary

Maple Infrastructure Trust (MIT) announced that its unitholders have approved the availing of borrowings from Axis Bank Limited. This approval was granted through a postal ballot conducted via remote e-voting, with the resolution passing with the requisite majority. The decision aligns with MIT's Leverage Policy. The voting results and scrutinizer's report, dated September 12, 2026, confirm the unitholders' consent to this financial move.

Key Highlights

  • Unitholders approved borrowings from Axis Bank.
  • Resolution passed via remote e-voting.
  • Approval aligns with the Trust's Leverage Policy.
  • Voting results and scrutinizer report submitted.