National Highways Infra Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
National Highways Infra Trust announced the outcome of a board meeting held on 6th November 2025, following the end of tenure of two Independent Directors of its Investment Manager (NHIIMPL) — Mr. Shailendra Narain Roy and Mr. Mahavir Parsad Sharma — with effect from 19th October 2025. The board has reconstituted the boards of two Special Purpose Vehicles (SPVs): NHIT Western Projects Private Limited and NHIT Eastern Projects Private Limited, after confirmation from the Trustee (IDBI Trusteeship Services Limited). Additionally, the board committees of the Investment Manager have been reconstituted to comply with SEBI Listing Regulations composition requirements.
This is a routine governance housekeeping announcement triggered by the simultaneous end of tenure of two independent directors. For unit holders, the immediate implication is compliance-driven board changes at the Investment Manager and SPV levels, with no change in operations or financials. Investors should watch for any new independent director appointments to fill the vacancies.