StockWatch
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Road Assets–Toll, Annuity, Hybrid-Annuity
Management Change17 Sept 2026, 06:30 pm

Raajmarg Infra Investment Trust: Nominee Director Ceases Role

AI Summary

Raajmarg Infra Investment Trust has announced the cessation of Mr. Anil Agarwal as Nominee Director representing Axis Bank Limited on the Board of Raajmarg Infra Investment Managers Private Limited. This change is effective from September 13, 2026, due to Mr. Agarwal's departure from Axis Bank Limited. Consequently, he has also stepped down as Nominee Director of the Investment Trust. The company has informed the exchange as per SEBI regulations.

Key Highlights

  • Nominee Director Mr. Anil Agarwal has ceased his role.
  • Cessation is effective September 13, 2026.
  • Reason cited is his employment termination with Axis Bank.
  • This impacts the Investment Manager's board composition.