Raajmarg Infra Investment Managers Appoints Statutory Auditor for Five Year Term
The Board of Directors of Raajmarg Infra Investment Managers Private Limited, acting as the Investment Manager for Raajmarg Infra Investment Trust, has approved the revision of the appointment term and remuneration for the Trust's Statutory Auditor. The decisions were finalized through a circular resolution passed on July 17, 2026.Appointment of M/s. A. R. & Co., Chartered Accountants
The Board approved the appointment of M/s. A. R. & Co., Chartered Accountants (Firm registration no. 002744C), as the Statutory Auditor for a period of five consecutive financial years. This tenure will begin from FY 2026-27 and continue through FY 2030-31. The auditor will hold office from the conclusion of the first Annual Meeting of Unitholders until the conclusion of the sixth Annual Meeting of the Trust.The Board also approved the remuneration for the Statutory Auditors for the financial year 2026-27 and provided enabling approval for determining their remuneration for the remainder of the five year appointment period.
Addendum to First Annual Meeting Notice
To reflect these changes, the Board approved an addendum to the notice convening the first Annual Meeting of the Unitholders of Raajmarg Infra Investment Trust. The addendum specifically incorporates the revised terms regarding the appointment and remuneration of M/s. A. R. & Co., Chartered Accountants.The Trust is currently in the process of dispatching the updated notice to unitholders, with communications to be shared once the distribution process is complete.
RIIT Stock Price Movement
Raajmarg Infra Investment Trust shares slipped by 0.26% on Friday to settle at ₹116.89. The stock traded with a volume of 53,709 shares as it retraced from its intraday high of ₹117.85.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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