Raajmarg Infra InvIT AGM: FY26 NAV ₹100.72 approved

First Annual Meeting ends with near-unanimous votes

Raajmarg Infra Investment Trust completed its First Annual Meeting on July 24, 2026, with unitholders approving the FY26 audited financial statements and other key resolutions. The meeting was scheduled to be held via video conferencing, as disclosed by the trust ahead of the event. The outcomes indicate strong unitholder support for the trust’s governance and financial reporting agenda for FY26.

The trust reported that resolutions, including adoption of FY26 financial statements, asset valuation-related matters, and appointment of a valuer, were approved with over 99.9% support. While the detailed resolution-wise table in the provided data is not fully reproduced, the trust’s overall approval levels were clearly stated.

Key approvals: financials, valuation and governance appointments

Unitholders formally adopted the audited financial statements for FY26. Alongside the financial statements, unitholders approved asset valuation and the appointment of a valuer, with support exceeding 99.9%. These approvals are central to the way an InvIT reports the value of its underlying infrastructure and communicates per-unit value to investors.

A separate governance approval covered the appointment of the statutory auditor. Raajmarg Infra Investment Trust approved the appointment of M/s. A. R. & Co. as statutory auditor for a five-year term from FY 2026-27 to FY 2030-31. The remuneration for FY 2026-27 was fixed at ₹0.0149 crore (₹1,49,000).

FY26 NAV declared at ₹100.72 per unit

Raajmarg Infra Investment Trust announced its audited financial results for FY26 and reported a Net Asset Value (NAV) of ₹100.72 per unit for the year ended March 31, 2026. The NAV calculation was based on net assets of ₹60,432.004 crore.

The trust’s disclosed balance sheet summary showed total assets of ₹98,068.554 crore and total liabilities of ₹37,636.55 crore, resulting in net assets of ₹60,432.004 crore. The NAV per unit was computed using 60,00,00,000 outstanding units.

Balance sheet snapshot: assets, liabilities and units

The audited numbers provide a clear picture of the InvIT’s scale and capital structure as of March 31, 2026. Total assets and liabilities were disclosed in INR lakhs in the source material and are normalised below into ₹ crore for easier comparison with market-cap figures.

Unitholding pattern: 85% public holding in Q1FY26

Raajmarg Infra Investment Trust released its unitholding pattern for Q1FY26 and reported 60,00,00,000 outstanding units. Sponsors held 15%, while public investors held 85%. The disclosure also noted that Insurance Companies and Mutual Funds were key institutional holders.

The trust described the unitholding pattern as for the quarter ended June 30, 2026. For public-market investors, this split is a key marker of free float and the investor base profile in a listed InvIT.

Market information: listing date, price points and trading data

Raajmarg Infra Investment Trust’s listing date was disclosed as March 24, 2026. The data also shows multiple market snapshots across dates. One snapshot lists the unit price at ₹111 at the close of the market (date not consistently specified in the provided text). Another set of exchange quotes for August 7, 2026 (close) showed ₹116.78 on the BSE and ₹116.98 on the NSE, with 52-week high/low ranges of 124.50/100.10 (BSE) and 120.29/105.30 (NSE).

Market capitalisation figures in the source vary across snapshots: ₹6,108.44 crore (as on May 15, 2026 at 4:01 pm IST), ₹6,658.20 crore (as on an unspecified date in the provided text), and ₹7,006.8 crore (shown as Rs 70,068.00 million in the August 7, 2026 close data). These are point-in-time values and should be read in the context of the specific timestamp noted.

Returns and metrics disclosed in the data

The data includes a “RaajMarg Infra Historical Returns” panel as on May 15, 2026 at 9:31 pm IST, showing a 1-month return of -0.92% and 3-month return of +3.83%. The same panel lists +3.83% for 1-year, 3-year, and 5-year returns.

A separate market dashboard for August 7, 2026 shows 1-day performance of -0.22%, 1-month of 0.34%, and 3-month of 6.11%. Other metrics displayed include ROE of 9.01 (from the May 15 panel), dividend yield of 0, and EPS (TTM) of 0 (as shown in the May 15 panel). The August 7 dashboard also shows dividend yield at 0.00% and indicates P/E as NM.

What the AGM outcome signals for governance and disclosures

For InvIT investors, approval of audited financial statements and asset valuation-related resolutions helps reduce uncertainty around reported NAV and governance processes. The over-99.9% support figure cited for the key items suggests broad alignment between the sponsor and the wider public unitholder base at this stage of the trust’s listed life.

The five-year auditor appointment from FY 2026-27 to FY 2030-31, with a stated FY 2026-27 remuneration, adds predictability to an important compliance function. It also clarifies the trust’s statutory audit arrangements now that it is listed.

Trust profile and registered office details

Raajmarg Infra Investment Trust stated it has been registered in India as an irrevocable trust, with the Trust Deed executed on November 24, 2025 and registered on December 1, 2025 under the Indian Trusts Act, 1882. The trust described its core business as owning and managing income-generating highway assets that generate returns from tolls and reinvesting in new projects, similar to a mutual fund structure but for infrastructure.

The registered office details provided include: G-5 & 6, Sector 10, Dwarka, New Delhi 110075. Contact details listed were phone 011-25074100 and email compliance@riimpl.in, with the website noted as http://www.raajmarginfratrust.in.

Key facts at a glance

Conclusion

Raajmarg Infra Investment Trust’s first annual meeting closed with unitholders approving the FY26 audited financial statements, asset valuation-related matters, and key appointments with more than 99.9% support. The trust has also disclosed FY26 NAV at ₹100.72 per unit, along with its balance sheet totals and Q1FY26 unitholding pattern showing 85% public ownership. The next governance milestones will follow the newly approved audit arrangement for FY 2026-27 and subsequent statutory disclosures as the trust progresses through FY27.