National Highways Infra Trust has informed the Exchange regarding Record date for purpose of distribution for the 3 FY 2025-26 is 30/01/2026
Awaiting price reaction for this filing.
The Board of the Investment Manager approved a distribution of Rs. 2.744 per unit for the quarter ended 31 December 2025, comprising Rs. 2.733 as interest pass-through and Rs. 0.011 as other income on surplus funds at the Trust level (net of applicable withholding tax). The record date for eligibility has been fixed as 30 January 2026, with payment to unitholders within 5 working days thereafter. This is a recovery from Q2 FY26 distribution of Rs. 2.471 per unit but is below Q1 FY26 distribution of Rs. 2.984 per unit. The Board also noted the valuation of NHIT's existing assets at Rs. 49,671.90 crore by E&Y, implying an NAV of Rs. 148.51 per unit pre-distribution and Rs. 145.76 per unit post-distribution. The Board approved fresh credit facilities of up to Rs. 3,800 crore term loan and Rs. 200 crore bank guarantee/short-term loan for Round 5 projects, plus on-lending of up to Rs. 7,000 crore to NWPPL.
Unitholders on the books as of 30 January 2026 will receive the Q3 distribution, supporting steady income for investors. The annualised distribution yield on NAV remains attractive (above 6-7%), making the instrument relevant for yield-seeking investors, though the quarter-on-quarter variation signals some cash-flow sensitivity to traffic and financing cycles.