Citius Transnet Investment Trust has informed the Exchange regarding Disclosure of material issue

ETML/CITIUS/2026-27/22 August 13, 2026 BSE Limited National Stock Exchange of India Limited P J Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (E), Fort, Mumbai – 400 001. Mumbai – 400 051. Scrip Code: 544753 Symbol: CITIUSINVT Dear Sir/Madam, Subject: Submission of Valuation Report and NAV of Citius TransNet Investment Trust (“Citius”) as of June 30, 2026 Pursuant to the applicable provisions of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 read with circulars and guidelines issued thereunder from time to time (“InvIT Regulations”): 1. Valuation Report dated August 13, 2026, as of June 30, 2026 issued by independent valuer, Mr. S Sundararaman, having IBBI Registration Number IBBI/RV/06/2018/10238 is enclosed herewith. 2. The following Net Asset Value (“NAV”) of Citius as on June 30, 2026, as computed by the management based on the above Valuation Report is as follows: NAV computation: Particulars Details Total outstanding units as on June 30, 2026 61,00,00,000 NAV (Per unit) 113.88 Kindly take the same on your records. Thanking you, For Citius TransNet Investment Trust (acting through its Investment Manager EAAA TransInfra Managers Limited) Padmanabhan Parthasarathy Compliance Officer Axis Trustee Services Limited Axis House, P B Marg, Worli, Mumbai - 400025, Maharashtra, India. EAAA TRANSINFRA MANAGERS LIMITED Corporate Identity Number: U66309MH2025PLC446014 Registered Office: Plot: 294/3 Ede lweiss House, Off C.S.T. Road, Kalina, Santacruz, Vidyanagari, Mumbai- 400098 +91 (22) 4019 4700 | compliance_citius@eaaa.in | www.citiustransnet.in S. SUNDARARAMAN Registered Valuer Registration No - IBBI/RV/06/2018/10238 Prepared for: Citius TransNet Investment Trust (“the Trust”) EAAA TransInfra Managers Limited (“he Investment Manager”) Valuation as per SEBI (Infrastructure Investment Trusts) R egulations, 2014 as amended Fair Enterprise Valuation V aluation Date: 30th June 2026 R eport Date: 12th August 2026 Mr. S Sundararaman, Registered Valuer, IBBI Registration No - IBBI/RV/06/2018/10238 Email: chennaissr@gmail.com Citius TransNet Investment Trust EAAA TransInfra Managers Limited Fair Enterprise Valuation Phone no: +91 97909 28047 31st December 2025 GST No: 33AHUPS0102L1Z85B Page 1 of 147 S. SUNDARARAMAN Registered Valuer Registration No - IBBI/RV/06/2018/10238 12th August 2026 The Board of Directors, Citius TransNet Investment Trust (acting through Axis Trustee Services Limited [in its capacity as “the Trustee” of the Trust]) Plot 294/3, Edelweiss House, Off CST Road, Kalina, Santacruz East, Mumbai 400098, Maharashtra, India The Board of Directors, EAAA TransInfra Managers Limited (acting as the Investment Manager to Citius TransNet Investment Trust) Plot 294/3, Edelweiss House, Off CST Road, Kalina, Santacruz East, Mumbai 400098, Maharashtra, India Sub: Fair Enterprise Valuation of InvIT assets as per SEBI (Infrastructure Investment Trusts) Regulations, 2014, as amended (“the SEBI InvIT Regulations”) as at 30th June 2026 Dear Sir(s)/ Madam(s), I, Mr. S. Sundararaman (“Registered Valuer” or “RV” or “I” or “My” or “Me”) bearing IBBI registration number IBBI/RV/06/2018/10238, have been appointed vide letter dated 8th June, 2026 (EL Ref.no: RV/SSR/26-27/JN/03) as an independent valuer, as defined under Regulation 2(zzf) of the SEBI InvIT Regulations, by EAAA TransInfra Managers Limited (“ETML” or “the Investment Manager”) acting as the Investment manager for Citius Transnet Investment Trust (“the Trust” or “Citius”), an infrastructure investment trust, registered with the Securities Exchange Board of India (“SEBI”) with effect from 1st August 2025, bearing registration number IN/InvIT/25- 26/0032 and Axis Trustee Services Limited (“the Trustee”) acting on behalf of the Trust for the purpose of the fair enterprise valuation of the special purpose vehicles (defined below and hereinafter together referred as “the SPVs”) of the Trust as per the requirements of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, as amended from time to time (“SEBI InvIT Regulations”). The Trust operates and maintains the following special purpose vehicles which are to be valued as per Regulation 21 read with Chapter V of the SEBI InvIT Regulations: Sr No. Name of the SPVs Abbreviations FCOD Asset Type 1 Ahmedabad - Maliya Tollway Private Limited AMTPL 22-Jun-23 State Toll 17-Sep-19; 2 Deccan Tollways Private Limited DTPL 20-Oct-23 NHAI Toll 3 Panipat Elevated Corridor Private Limited PECPL 17-Mar-11 NHAI Toll 4 Rajkot - Vadinar Tollway Private Limited RVTPL 17-Jun-23 State Toll Samkhiali Bhachau Gandhidham Tollway Private Limited SBGTPL 09-Dec-24 NHAI Toll 6 Sambalpur-Rourkela Tollway Private Limited SRTPL 30-Mar-21 State Toll 7 Thrissur Expressway Limited TEL 14-Jun-24 NHAI Toll 8 Dhola Infra Projects Private Limited Dhola 13-Oct-18 MoRTH Annuity 9 Dibang Infra Projects Private Limited Dibang 12-Dec-18 MoRTH Annuity 10 Jorabat Shillong Expressway Limited JSEL 30-Aug-19 NHAI Annuity* (Hereinafter all the ten companies mentioned above are together referred to as “the SPVs”) * Authority has been changed from NHAI to NHIDCL vide a Tripartite agreement dated 07th Aug 2026 between NHAI, NHIDCL and Concessionaire. These SPVs were acquired by the Trust and are to be valued as per Regulation 21(5) contained in the Chapter V of the SEBI InvIT Regulations. Citius TransNet Investment Trust EAAA TransInfra Managers Limited Fair Enterprise Valuation 30th June 2026 Page 2 of 143 S. SUNDARARAMAN Registered Valuer Registration No - IBBI/RV/06/2018/10238 As per Regulation 21(5) of Chapter V of the SEBI InvIT Regulations: "A half yearly valuation of the assets of the InvIT shall be conducted by the valuer for the half-year ending September 30th for a publicly offered InvIT for incorporating any key changes in the previous six months and such half yearly valuation report shall be submitted by the Investment Manager to the designated stock exchanges(s) along with the quarterly financial results for quarter ending 30th September. If the consolidated borrowings and deferred payments of an InvIT, in terms of regulation 20 of these regulations, exceeds forty nine per cent.; a quarterly valuation of the assets of InvIT shall be conducted by the valuer as at the end of the quarters ending June, September and December for incorporating any key changes from the previous quarter and such quarterly valuation report shall be submitted by the investment manager to the designated stock exchange(s) along with the quarterly financial results of the corresponding quarter.” I understand from the Investment Manager that Investment Manager and the Trustee intends to undertake the fair enterprise valuation of the SPVs as on 30th June 2026 for incorporating any key changes from the period ended 31st March 2026 till 30th June 2026 for internal assessment purposes. I am enclosing the independent valuation Report providing opinion on the fair enterprise value of the SPVs as defined above on a going concern basis as at 30th June 2026. (“Valuation Date”) Enterprise Value (“EV”) is described as the total value of the equity in a business plus the value of its debt and debt related liabilities, minus any cash and cash equivalents to meet those liabilities. The attached Report details the valuation methodologies used, calculations performed, and the conclusion reached with respect to this valuation. I was further requested by the Investment Manager to provide the adjusted enterprise value of the SPVs as at 30th June 2026, where the adjusted enterprise value (“Adjusted EV”) is derived as EV as defined above plus cash and cash equivalents (including Investments and FD with Banks) of the SPVs as at 30th June 2026. I have relied on explanations and information provided by the Investment Manager. Although I have reviewed such data for consistency, those are not independently investigated or otherwise verified. [Showing first 8,000 characters — download PDF for full document]