BSEGeneral6d ago · 3 Nov 2026, 08:27 pm
Maple Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Maple Infrastructure Trust · 543925
✦ AI SummaryResults
Maple Infrastructure Trust has informed the Exchange regarding Disclosure of material issue, stating that there were no deviations or variations in the use of proceeds from the objects stated in the relevant postal ballot notice or debt offer documents for the quarter ended September 30, 2026.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Maple Infrastructure Trust - 543925 - Reg 23(5)(i): Disclosure of material issue
Attachments (1)
📄pdf
Download →
59092a75-6687-4354-82a7-b6fe63201ad5.pdf
View document text
November 03, 2026
BSE Limited
Corporate Relations Department
Phiroze Jeejeebhoy Towers,
Dalal Street Fort, Mumbai – 400001
Ref: Security Code: 543925, 978092; ISIN: INE0M5S23019, INE0M5S07012; SCRIP ID: MIT
Subject: Statement of deviation(s) or variation(s) of Maple Infrastructure Trust for the quarter
ended September 30, 2026
Sir/Ma’am,
Pursuant to the applicable provisions of Securities and Exchange Board of India (Infrastructure Investment
Trusts) Regulations, 2014 read with SEBI Master Circular for Infrastructure Investment Trusts dated July
11, 2025, each as amended from time to time, we hereby enclose the statement indicating no deviation(s)
or variation(s), in the use of proceeds of funds raised by issue of units and non-convertible debentures from
the objects stated in the relevant postal ballot notice or debt offer documents of Maple Infrastructure Trust
(“MIT”) for the quarter ended September 30, 2026, as Annexure A.
The aforesaid information is also available on the website of MIT i.e. www.maplehighways.com.
You are requested to take the same on record.
Yours faithfully,
For and on behalf of Maple Infra InvIT Investment Manager Private Limited
(acting in the capacity of Investment Manager to Maple Infrastructure Trust
(formerly known as Indian Highway Concessions Trust))
Vikas Prakash
Company Secretary & Compliance Officer
Encl: as above
InvIT Trustee Debenture Trustee
Axis Trustee Services Limited Catalyst Trusteeship Limited
Axis House, P B Marg, Worli, 901, 9th Floor, Tower-B, Peninsula Business Park,
Mumbai – 400025 Senapati Bapat Marg, Lower Parel (W),
Mumbai – 400013
Maple Infra InvIT Investment Manager Private Limited Corporate Office:
(Investment Manager to Maple Infrastructure Trust (formerly known as Indian Highway Concessions Trust)) Wing A, Sahar, Office Unit No. 2, Ground floor, Village - Marol,
CIN: U74110DL1995PTC430574 Andheri - East, Mumbai- 400 099. (Landmark: JW Marriott/ Bay 99)
Registered Office: Unit No. 699, 6th Floor, "VEGAS" Plot No. 6, Telephone No: +91 (22) 6817 6666
Pocket 1, Sector 14, Dwarka, South Delhi, New Delhi – 110075 Email: compliance@maplehighways.com
Annexure A
1. Statement of deviation(s) or variation(s) for the quarter ended September 30, 2026: Units
In relation to issuance of units of MIT on preferential basis for an amount aggregating to
INR 17,559,825,920, allotted on November 20, 2025, we hereby state the following:
• Statement indicating deviations, if any, in the use of proceeds from the objects stated in the
explanatory statement to the postal ballot notice dated October 14, 2025: Nil
• Statement indicating category-wise variation between the projected utilization of funds made by
it in the explanatory statement to the postal ballot notice dated October 14, 2025 and the actual
utilization of funds: Not Applicable
2. Statement of deviation(s) or variation(s) for the quarter ended September 30, 2026: Non-
Convertible Debentures
Pursuant to para 4.18.1(b) of SEBI Master Circular for Infrastructure Investment Trusts dated July 11,
2025 read with SEBI (Infrastructure Investment Trusts) Regulations, 2014, we hereby confirm that the
proceeds from the issuance of non-convertible debentures of INR 700 crore, allotted on August 28,
2026, were fully utilized during the quarter ended September 30, 2026, in accordance with the objects
of the issue stated under the relevant debt offer documents and agreements.
Statement of utilization of issue proceeds raised from issuance of non-convertible debt securities for
the quarter ended September 30, 2026 is enclosed in Schedule 1. There were no deviation(s) or
variation(s), in the utilization of the proceeds from the objects stated in the relevant debt offer
documents and agreements.
For and on behalf of Maple Infra InvIT Investment Manager Private Limited
(acting in the capacity of Investment Manager to Maple Infrastructure Trust
(formerly known as Indian Highway Concessions Trust))
Vikas Prakash
Company Secretary & Compliance Officer
Maple Infra InvIT Investment Manager Private Limited Corporate Office:
(Investment Manager to Maple Infrastructure Trust (formerly known as Indian Highway Concessions Trust)) Wing A, Sahar, Office Unit No. 2, Ground floor, Village - Marol,
CIN: U74110DL1995PTC430574 Andheri - East, Mumbai- 400 099. (Landmark: JW Marriott/ Bay 99)
Registered Office: Unit No. 699, 6th Floor, "VEGAS" Plot No. 6, Telephone No: +91 (22) 6817 6666
Pocket 1, Sector 14, Dwarka, South Delhi, New Delhi – 110075 Email: compliance@maplehighways.com
Schedule I
A. Statement of Utilization of Issue Proceeds:
Name of the ISIN Mode of Type of Date of Amount Funds Any If 8 is Yes, Remarks,
Issuer Fund Instrument raising Raised Utilized Deviation then specify if any
Raising funds (Amount (Amount (Yes/No) the purpose
(Public in INR) in INR) for which
issues/ the funds
Private were
Placement) utilized
1 2 3 4 5 6 7 8 9 10
Maple INE0M5S07012 Private Senior, August 700 Crore 700 Crore No N.A. -
Infrastructure Placement secured, 28, 2026
Trust rated, listed,
transferable,
taxable,
redeemable
non-
convertible
debentures
Maple Infra InvIT Investment Manager Private Limited Corporate Office:
(Investment Manager to Maple Infrastructure Trust (formerly known as Indian Highway Concessions Trust)) Wing A, Sahar, Office Unit No. 2, Ground floor, Village - Marol,
CIN: U74110DL1995PTC430574 Andheri - East, Mumbai- 400 099. (Landmark: JW Marriott/ Bay 99)
Registered Office: Unit No. 699, 6th Floor, "VEGAS" Plot No. 6, Telephone No: +91 (22) 6817 6666
Pocket 1, Sector 14, Dwarka, South Delhi, New Delhi – 110075 Email: compliance@maplehighways.com
B. Statement of Deviation/ Variation in use of Issue Proceeds:
Particulars Remarks
Name of listed entity Maple Infrastructure Trust
Mode of fund raising Private Placement
Type of instrument Senior, secured, rated, listed, transferable, taxable, redeemable non-convertible
debentures
Date of raising funds August 28, 2026
Amount raised INR 700 Crore
Report filed for quarter ended September 30, 2026
Is there a deviation/variation in use of funds raised? No
Whether any approval is required to vary the objects
of the issue stated in the prospectus/offer document?
If yes, details of the approval so required?
Date of approval Not applicable
Explanation for the deviation/variation
Comments of the audit committee after review
Comments of the auditors, if any
Objects for which funds have been raised and where there has been a deviation/variation, in the following table: Not applicable
Original object Modified object, Original Modified Funds utilised Amount of Remarks, if
if any allocation allocation, if any deviation/variation any
for the quarter
according to
applicable object
(in Rs. Crore and
in %)
Not applicable
Maple Infra InvIT Investment Manager Private Limited Corporate Office:
(Investment Manager to Maple Infrastructure Trust (formerly known as Indian Highway Concessions Trust)) Wing A, Sahar, Office Unit No. 2, Ground floor, Village - Marol,
CIN: U74110DL1995PTC430574 Andheri - East, Mumbai- 400 099. (Landmark: JW Marriott/ Bay 99)
Registered Office: Unit No. 699, 6th Floor, "VEGAS" Plot No. 6, Telephone No: +91 (22) 6817 6666
Pocket 1, Sector 14, Dwarka, South Delhi, New Delhi – 110075 Email: compliance@maplehighways.com
Particulars Remarks
Deviation could mean:
a. Deviation in the objects or purposes for which the funds have been raised.
b. Deviation in the amount of funds actually utilized as against what was originally disclosed.
For and on behalf of Maple Infra InvIT Investment Manager Private Limited
(acting in the capacity of Investment Manager to Maple Infrastructure Trust
(formerly known as Indian Highway Concessions Trust))
Vikas Prakash
Company Secretary & Compliance Officer
Maple Infra InvIT Investment Manager Private Limited Corporate Office:
(Investment Manager to Maple Infrastructure Trust (formerly known as Indian Highway Concessions Trust)) Wing A, Sahar, Office Unit No. 2, Ground floor, Village - Marol,
CIN: U74110DL199
[Showing first 8,000 characters — download PDF for full document]