Maple Infrastructure Trust Company Summary

Maple Infrastructure Trust (MIT), formerly known as Indian Highway Concessions Trust, is an Indian infrastructure investment trust sponsored by Maple Highways Pte Ltd, a wholly owned subsidiary of CDPQ Infrastructures Asia Pte. Ltd., which in turn is a wholly owned subsidiary of Caisse de depot et de placement du Qubec (CDPQ). The name change to Maple Infrastructure Trust was effective on November 29, 2024.Maple Infrastructure Trust was setup as an irrevocable trust under the Indian Trust Act, 1882 pursuant to an Indenture of Trust dated November 06, 2019 which was duly registered on November 13, 2019 in the office of the Sub-Registrar -V(1), New Delhi and was subsequently amended by Amended and Restate by Indenture of Trust dated December 19, 2019 and further amended and restated on October 04, 2021.

The Trust was registered as an Infrastructure Investment Trust (InvIT) with Securities Exchange Board of India (SEBI) under the Securities Exchange Board of India (Infrastructure Investment Trust) Regulations, 2014 vide Certificate of Registration dated February 24, 2020.Maple Highways Pte. Ltd. is the Sponsor of the Trust.

The Trust has been settled for an initial sum of Rs 10,000. The Trustee to the Trust is Axis Trustee Services Limited (the Trustee), Investment Manager for the Trust is Maple Infra InvIT Investment Manager Private Limited (formerly known as CLP Power India Private Limited) and the designated Project Manager for the Trust is Maple Highway Project Management Private Limited (formerly known as CLP Wind Farms (Theni - Project III) Private Limited) (the Project Manager). The Trust has been formed to invest in infrastructure assets primarily in the road sector in India.In June 2022, Trust acquired Shree Jagannath Expressways (SJEPL) in the State of Odisha.

During November 2022, Trust acquired NCR Eastern Peripheral Expressway Pvt Ltd. The Trust issued units through a Prospectus as part of the Initial Offer of upto 91,000,000 units at a price of Rs 100 per unit, aggregating to Rs 910 Crore in 2025.During November 2025, Trust has acquired 5 road assets from the Ashoka Concessions Limited, which comprised SBTL (Sambalpur- Baragarh, Odisha, ~88 km), DBTL (Durg, Chhattisgarh, ~83 km), BTL (Bhandara, Maharashtra, ~72 km), DKTL (Dhankuni-Kharagpur, West Bengal, ~111 km), BDTL (Belgaum-Dharwad, Karnataka, ~79 km, totalling over 2,100 lane km.