Press Release

Mumbai, October 16, 2025: Interise Trust has successfully completed issuance and allotment of 2,07,482 non-convertible debentures (NCDs) with a face value of ₹1 lakh each, aggregating to ₹2,074.82 crores on a private placement basis on October 16, 2025.

The NCDs have been issued in two series aggregating to ₹2,074.82 crores as under:
• Series I aggregating to ₹1,050 crores bearing coupon of 6.96% and an amortising schedule up to 31st March, 2045 with a put / call option at the end of 3 years;
• Series II aggregating to ₹1,024.82 crores bearing coupon of 7.30% and an amortising schedule up to 31st March, 2045 with a put / call option at the end of 10 years.

The issue was subscribed with marquee investors involving banks, financial institutions and a leading asset management company. The proceeds from this issue will be used to repay the existing indebtedness. Following this transaction, fixed rate non-convertible debentures will constitute ~38% of Interise InvIT’s obligations.

The subject issuance was rated a AAA / Stable by ICRA Limited and India Ratings & Research Private Limited.

Trilegal and Saraf and Partners were the legal advisors for the issuance. Axis Trustee Services Limited acted as the debenture trustee and IDBI Trustee acted as the InvIT Trustee. The NCDs will be listed in the wholesale debt market segment of BSE Limited.

About Interise Trust

Interise Trust is one of the largest Infrastructure Investment Trusts (InvIT) in the roads sector and India’s first self - sponsored InvIT to be listed on private placement basis on the NSE and BSE. Interise operates and maintains 17 Build-Operate-Transfer (BOT) / Annuity Road Assets across 8 Indian states spanning a network of 7300 lane kms of highways, with an Enterprise Value of INR 20,000 crore.

The Trust is backed by reputed global investors – Canada Pension Plan Investment Board (CPP Investments) and Ontario Municipal Employees Retirement System (OMERS Infrastructure) who are significant unitholders in the Trust.

Our highway projects have been consistently winning awards from National Highways Authority of India (NHAI) for Excellence in Operations & Maintenance, Toll Management, Innovation and Best Project Management.

The companies and the functions of the Trust adopt consistent processes that are ISO certified. Interise is certified under 6 ISO certification categories namely - ISO 9001:2015 Quality Management System; ISO 14001:2015 Environmental Management System; ISO 39001:2012 Road Traffic Safety Management System; ISO 45001:2018 Occupational Health and Safety Management System; ISO 31000:2018 Risk Management and ISO 27001:2022 Information Security and Management System.

Media contact:
R. Rajmohan
Corporate Brand Management and Communications
Interise Investment Managers Private Limited
Email: raj.mohan@interiseworld.com
Cell : +91 9840544658