Anantam Highways Trust544579Admin disclosure update

Half-yearly report for the half year ended September 30, 2026: board, committee and unitholder meeting details

Anantam Highways Trust has shared its Half-Yearly Report for the half year ended September 30, 2026 with NSE and BSE.

By ScoutQuest · Fri 23 Oct 2026, 9:53 AM IST · 3 min read

50%Share of Independent Directors on the Board

Share of Independent Directors on the Board: 50%.

Board Composition: 6 Directors, of whom 50% are Independent, including one Woman Independent Director
CFO Appointment: Mr. Shubhanan Giri appointed Chief Financial Officer w.e.f. August 11, 2026
Unitholder Meeting Outcomes: Annual Meeting June 24, 2026; postal ballot results declared July 27, 2026; passed with requisite majority

What was shared

Anantam Highways Trust has submitted its Half-Yearly Report for the half year ended September 30, 2026 to the National Stock Exchange of India Limited and BSE Limited. The covering letter is signed by Chandra Kant Sharma, Company Secretary & Compliance Officer, for and on behalf of Alpha Alternatives Fund-Infra Advisors Private Limited, which acts as Investment Manager to the Trust. The report itself is enclosed as Annexure A.

The Investment Manager's board

The Board of the Investment Manager has 6 (six) Directors.
50% of the Directors are Independent, including one Woman Independent Director.
Mr. Jignesh Shah is Whole-Time Director & Chief Executive Officer; Mr. Naresh Kothari and Mr. Abhishek Dalmia are Non-Executive Directors; Mr. Vijay Chhibber, Mr. Radhakrishna Nair and Ms. Shubhada Rao are Non-Executive, Independent Directors.
Key Managerial Personnel: Mr. Jignesh Shah (Whole-Time Director & CEO), Mr. Chandra Kant Sharma (Company Secretary & Compliance Officer) and Mr. Shubhanan Giri (Chief Financial Officer).
One change during the half year: Mr. Shubhanan Giri was appointed as Chief Financial Officer w.e.f. August 11, 2026.

Committees and how often they met

Audit Committee, chaired by Mr. Radhakrishna Nair: met twice, on May 19, 2026 and August 11, 2026.
Nomination & Remuneration Committee, chaired by Mr. Vijay Chhibber: met twice, on May 19, 2026 and August 11, 2026.
Risk Management Committee, chaired by Mr. Abhishek Dalmia: met once, on August 11, 2026.
InvIT Committee, chaired by Mr. Naresh Kothari: met once, on May 05, 2026. Its role includes assisting the board in evaluating, approving and overseeing matters relating to acquisition and financing of road infrastructure assets.
Stakeholders' Relationship Committee, chaired by Ms. Shubhada Rao: no meeting was held during the half year. This is the committee that handles unitholder grievances such as transfer of units and non-receipt of distributions or annual reports.

Attendance at board and committee meetings

The board met twice during the half year, and each of the six Directors attended 2/2 board meetings. Committee attendance is listed member-wise, for example Mr. Jignesh Shah attended 2/2 Audit Committee meetings and 1/1 InvIT Committee meetings, and Ms. Shubhada Rao attended 2/2 Nomination & Remuneration Committee meetings and 1/1 Risk Management Committee meetings.

Unitholder meetings

Annual Meeting: held on June 24, 2026 through video conferencing / other audio-visual means; results were declared the same day and the matters proposed were passed with requisite majority.
Postal ballot: notice circulated on July 3, 2026, results declared on July 27, 2026, and the matters proposed were passed with requisite majority.

Both outcomes are stated to be available on the Trust's website.

Project Manager and Sponsor

Anantam Highways Project Manager Private Limited is the Project Manager for the Trust. Its board as on September 30, 2026 has Mr. Jignesh Shah and Mr. Paras Modi, both Non-Executive Directors.
Changes at the Project Manager: Mr. Hrishikesh Parandekar resigned from the Directorship w.e.f. August 21, 2026, and Mr. Paras Modi was appointed as Additional Director w.e.f. August 17, 2026.
Alpha Alternatives Fund Advisors LLP is the Sponsor of the Trust, described as a multi-asset class asset management entity registered with SEBI as an investment advisor, portfolio manager and investment manager to alternative investment funds.

How a unitholder can read this

This is a periodic governance disclosure rather than a performance update: it tells you who manages the Trust, how independent its Investment Manager's board is, which committees exist and how active each was, and that the resolutions put to unitholders were carried with requisite majority. Committee activity and director attendance are the kind of housekeeping signals investors can track half to half.

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