Citius TransNet Unitholders Approve Resolution for Enhancing Borrowings Up To 49% of InvIT Assets
The Postal Ballot resolution concerning the enhancement of aggregate consolidated borrowings and deferred payments for Citius TransNet Investment Trust (Citius) was approved by Unitholders on June 10, 2026. This approval allows the Trust to increase its borrowing capacity up to 49% of the value of its InvIT assets.The resolution sought the approval of unitholders for enhancing Citius’s aggregate consolidated borrowings and deferred payments, equivalent to up to 49% of the value of the Trust's assets. According to the Scrutinizer's Report submitted by M/s. Ashita Kaul & Associates, the resolution was deemed to have been passed with a simple majority on June 10, 2026.
The voting process utilized remote e-voting and took place from May 20, 2026, until June 10, 2026, at 5:00 P.M. IST. The Scrutinizer's report provided a detailed breakdown of the voting results for this resolution (Item no. 1).
The summary of votes polled for the resolution is presented below:
| Category | Total Units Held | Votes Polled* | % Votes of Polled on Outstanding Units | Favour Votes | Against Votes | % Votes in Favour on Votes Polled | % Votes of Against on Votes Polled |
|---|---|---|---|---|---|---|---|
| Sponsors/ Investment Manager/ Project Managers and their associates related parties | 39,90,90,541 | 39,90,90,541 | 100.00 | 39,90,90,541 | 0 | 100 | 0 |
| Public institutions | 8,36,62,420 | 6,13,17,701 | 73.29 | 6,13,17,701 | 0 | 100 | 0 |
| Public non-institutions | 12,72,47,039 | 6,00,63,891 | 47.20 | 6,00,26,254 | 37,637 | 99.9373 | 0.0626 |
| Total | 61,00,00,000 | 52,04,72,133 | 85.32 | 52,04,34,496 | 37,637 | 99.9928 | 0.0072 |
The report confirmed that no votes were cast by any interested parties or entities regarding the resolution, and there were 10 ineligible votes requiring exclusion from the polling results.
Based on these results, the Scrutinizer concluded that the resolution was passed with a simple majority as required, effectively deeming it passed on June 10, 2026.
CITIUSINVT Stock Price Movement
Citius TransNet Investment Trust shares today shed 0.16% to settle at ₹106.2, as the stock closed in negative territory after trading through the market day. The Equity saw a total traded volume of 31,273 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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