Nxt-Infra Trust (NXT-INFRA)

Nxt-Infra Trust resubmitted its standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Standalone revenue from operations stood at Rs 132.36 crore (Rs 1,323.61 million), up 23.3% YoY, but the trust reported a standalone net loss of Rs 21.25 crore (Rs 212.51 million) primarily due to higher other expenses of Rs 87.99 crore. Consolidated fair value NAV per unit increased to Rs 103.20 as of September 30, 2026, compared to Rs 97.13 as of March 31, 2026. The Investment Manager approved a distribution of Rs 7.8073 per unit (comprising Rs 1.2924 interest, Rs 5.0383 principal repayment, and Rs 1.4766 dividend), payable within 15 days of declaration.

• Approved distribution of Rs 7.8073 per unit (Rs 1.2924 interest, Rs 5.0383 principal repayment, Rs 1.4766 dividend)
• Q2 FY27 standalone revenue from operations reported at Rs 1,323.61 million (Rs 132.36 crore) vs Rs 1,073.29 million YoY
• Standalone net loss of Rs 212.51 million (Rs 21.25 crore) for Q2 FY27 vs net profit of Rs 626.77 million in Q2 FY26
• Consolidated Net Asset Value (NAV) at fair value stood at Rs 103.20 per unit with 56,92,10,526 units outstanding

Nxt-Infra Trust submitted its quarterly statement of fund utilization for the quarter ended September 30, 2026, confirming zero deviation or variation in the use of proceeds. The Trust has raised a total of ₹1,520 crore via Private Placement 1, ₹700.15 crore via a QIP, and ₹312.39 crore via Private Placement 2. Funds raised through the QIP and Private Placement 2 were 100% utilized towards debt repayment and debenture redemption for target SPVs. Out of Private Placement 1, ₹1,407.74 crore has been utilized, while ₹112.26 crore remains temporarily parked in bank fixed deposits for future investments.

• Nil deviation reported across all three fundraising tranches for the quarter ended September 30, 2026
• ₹700.15 crore raised via QIP on August 13, 2026, was fully utilized for debt/OCD redemption and general purposes
• ₹312.39 crore raised via Private Placement 2 on August 25, 2026, was 100% utilized for SPV debt repayment
• ₹1,407.74 crore out of ₹1,520 crore from Private Placement 1 has been utilized, with ₹112.26 crore parked in bank fixed deposits

Nxt-Infra Trust announced that a meeting of the Board of Directors of its Investment Manager, Walter Infra Manager Private Limited, is scheduled for November 05, 2026. The board will consider Q2 FY27 financial results and declare quarterly distributions to unitholders. The tentative record date for determining unitholder eligibility is set for November 10, 2026, subject to board approval. If approved, the distribution payout will be completed on or before November 17, 2026.

• Board meeting scheduled on Thursday, November 05, 2026, to approve Q2 FY27 results and distribution
• Record date for proposed quarterly distribution fixed as Tuesday, November 10, 2026
• Distribution payment to be executed on or before Tuesday, November 17, 2026

Nxt-Infra Trust submitted its quarterly corporate governance compliance report for the quarter ended September 30, 2026, pursuant to SEBI InvIT regulations. The disclosure highlights key board changes in the Investment Manager (Walter Infra Manager Private Limited), including the appointment of Jayanta Neelkanth Dixit as Additional Executive Non-Independent Director and CEO on September 18, 2026. The Investment Manager's board met twice during the quarter (July 31 and August 14, 2026) with full quorum compliance. This is a mandatory periodic filing and reflects no operational disruption.

• Submitted corporate governance report for the quarter ended September 30, 2026 pursuant to Regulation 26K of SEBI InvIT Regulations
• Appointed Jayanta Neelkanth Dixit as Additional Executive Non-Independent Director and CEO on September 18, 2026
• Appointed Ankur Trehan as Additional Non-Executive Non-Independent Director on August 14, 2026
• Board held 2 meetings in Q2 FY27 (July 31, 2026 and August 14, 2026) with 5 directors present in each meeting
• Maximum gap between board meetings during the period was 36 days (between June 25, 2026 and July 31, 2026)

Nxt-Infra Trust submitted its quarterly investor grievance report for the quarter ended September 30, 2026. The InvIT reported zero investor complaints pending at the start of the quarter, zero received during the quarter, and zero pending at the end. This is a routine regulatory compliance filing under SEBI regulations with no impact on business operations or financials.

• Zero complaints pending as on July 01, 2026
• Zero complaints received between July 01, 2026, and September 30, 2026
• Zero complaints pending as on September 30, 2026
• Zero SCORES complaints received or pending during the period

The Board of Directors of Walter Infra Manager Private Limited, Investment Manager to Nxt-Infra Trust, has approved key management changes via a circular resolution on September 10, 2026. Executive Director and Chief Financial Officer Gaurav Chaturvedi has resigned, effective from the close of business on September 18, 2026. Concurrently, Chief Executive Officer Jayanta Neelkanth Dixit has been appointed as an Additional Executive Director from the same effective date. Mr. Dixit brings 36 years of civil engineering and infrastructure project experience to the board.

• Resignation of Gaurav Chaturvedi as ED and CFO effective September 18, 2026
• Appointment of current CEO Jayanta Neelkanth Dixit as Additional Executive Director effective September 18, 2026
• Incoming ED Jayanta Dixit holds 36 years of infrastructure industry experience
• Circular resolution approved by the Investment Manager's Board on September 10, 2026

Nxt-Infra Trust has filed its updated unitholding pattern as of August 28, 2026, following the allotment of units on August 25, 2026. Total outstanding units stand at 56,92,10,526. The Sponsor and Sponsor Group hold 40,35,85,526 units, representing a 70.90% stake (with 25,32,60,526 units mandatorily held). Public unitholding stands at 29.10% (16,56,25,000 units), consisting of 11.93% institutional and 17.16% non-institutional unitholders.

• Total outstanding units post-allotment stand at 56,92,10,526 as of August 28, 2026
• Sponsor & Sponsor Group holds 40,35,85,526 units (70.90%), with 25,32,60,526 units mandatorily held (62.75% of sponsor holding)
• Institutional unitholders hold 6,79,25,000 units (11.93%), including Banks (5.15%) and Insurance Companies (3.87%)
• Non-institutional unitholders hold 9,77,00,000 units (17.16%), led by Body Corporates at 14.01%

Nxt-Infra Trust submitted its updated unitholding pattern following a sale of units on August 20, 2026. The Sponsor and Sponsor Group currently hold 39,84,45,725 units, representing exactly 75.00% of the total 53,12,70,725 outstanding units. Public unitholders hold the remaining 25.00% (13,28,25,000 units), with institutions holding 9.67% and non-institutions holding 15.33%.

• Sponsor & Sponsor Group unitholding stands at 39,84,45,725 units (75.00%)
• Public unitholding stands at 13,28,25,000 units (25.00%) across institutional and retail categories
• Total outstanding units of the Trust stand at 53,12,70,725 units
• Mandatorily held units by sponsor group stand at 21,53,20,725 units (54.04% of sponsor holding)

Gaurav Chaturvedi has tendered his resignation as the Executive Director and Chief Financial Officer (CFO) of Walter Infra Manager Private Limited, the Investment Manager to Nxt-Infra Trust. The resignation was submitted on August 27, 2026, with a requested relieving date on or before September 20, 2026. The departure is attributed to his decision to pursue new professional opportunities. Nxt-Infra Trust, which posted TTM revenue of ₹923 Cr and TTM PAT of ₹251 Cr, will need to appoint a successor to lead financial operations.

• Resignation tendered on August 27, 2026, by Executive Director and CFO Gaurav Chaturvedi.
• Requested effective release date is on or before September 20, 2026.
• Reason cited for departure is pursuing new career opportunities outside the organisation.
• Company generated TTM revenue of ₹923 Cr and TTM PAT of ₹251 Cr across its infrastructure assets.

Nxt-Infra Trust submitted its revised unitholding pattern following an allotment of units on August 13, 2026. Total outstanding units stand at 52.52 crore (52,52,43,895 units). The Sponsor and Sponsor Group hold 78.35% (41.15 crore units), of which 50.86% are mandatorily held, while public unitholders account for the remaining 21.65% (11.37 crore units). Within public holding, institutions hold 9.78% and non-institutions hold 11.87%.

• Total outstanding units post-allotment stand at 52,52,43,895 units
• Sponsor & Sponsor Group hold 41,15,43,895 units representing 78.35% of total outstanding units
• Mandatorily held units by sponsor group stand at 20,92,93,895 units (50.86% of sponsor holding)
• Public unitholding stands at 21.65% (11,37,00,000 units), with institutions holding 9.78% and non-institutions holding 11.87%
• Allotment of units took place on August 13, 2026

Nxt-Infra Trust submitted its updated unitholding pattern following an allotment of units on August 13, 2026. The total outstanding units of the InvIT stand at 52,52,43,895. Sponsor and Sponsor Group entities hold 41,15,43,895 units, representing 78.35% of total units, with zero units pledged. Public unitholders hold the remaining 11,37,00,000 units, comprising institutions (9.78%) and non-institutions.

• Total outstanding units of the Trust stand at 52,52,43,895 post-allotment on August 13, 2026
• Sponsor & Sponsor Group holds 41,15,43,895 units, representing 78.35% of total units
• Mandatorily held sponsor units stand at 20,92,93,895 (50.86% of total sponsor holding)
• Public unitholders hold 11,37,00,000 units, with institutional holding at 5,13,50,000 units (9.78%)
• Pledged or encumbered units by Sponsor & Sponsor Group remain at nil (0)