BSENational Highways Infra TrustMediumNeutral
Announced Fri, 21 Nov · 11:29 IST

National Highways Infra Trust has informed the Exchange regarding Disclosure of material issue

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

National Highways Infra Trust has informed the exchanges that the Ministry of Road Transport & Highways (MoRTH) has approved the appointment of Mr. Sanjay Prasad and Mr. A.K. Swaminathan as Independent Directors on the Board of the Investment Manager (NHIIMPL). The MoRTH letter was dated 18th November 2025 and received on 21st November 2025. The appointments will next be placed before the Nomination and Remuneration Committee and the Board of Directors of NHIIMPL for their formal consideration and approval. NHIIMPL is the investment manager to National Highways Infra Trust, an InvIT.

Likely market impact

Strengthens the governance framework of the Investment Manager with the addition of two Independent Directors, subject to final board approval. This is a routine compliance disclosure and is unlikely to have a direct impact on unit price.