National Highways Infra Trust has informed the Exchange regarding Submission of the Compliance Report on Corporate Governance for the Q1 FY 2025-26
Awaiting price reaction for this filing.
National Highways Infra Trust (NHIT) has filed its quarterly Corporate Governance Report for the quarter ended June 30, 2025, as required under SEBI InvIT Regulations. The report covers the composition of the Board of the Investment Manager (National Highways Infra Investment Managers Private Limited), which has 11 directors including 5 Independent Directors, 2 Executive Directors, 3 Nominee Directors, and 2 Unitholders Nominee Directors. A key board change in Q1 FY26 was the appointment of Mr. Rakshit Jain as Executive Director - MD/CEO on May 9, 2025, replacing Mr. Suresh Krishan Goyal who ceased on May 8, 2025. One Board meeting was held on May 28, 2025, with all quorum requirements met. Five committees (Audit, Nomination & Remuneration, Stakeholders Relationship, Risk Management, and Sustainability and Safety) are in place and compliant with SEBI norms.
This is a routine quarterly regulatory compliance filing with no material impact on shareholders or stock price. The leadership transition from Suresh Krishan Goyal to Rakshit Jain as MD/CEO is a notable governance change worth tracking, but otherwise all board and committee structures remain compliant with SEBI InvIT regulations.