BSENational Highways Infra TrustHighPositive
Announced Fri, 13 Feb · 15:12 IST

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

Listed Co AcquisitionStrategic Transactions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

National Highways Infra Trust (NHIT) has confirmed that NHAI has accepted its offer for the acquisition of the Round 5 highway projects at an aggregate Base Concession Fee of ₹6,220.90 Crores. NHIT originally made this offer on 3rd February 2026 following board approval on 2nd February 2026, and NHAI communicated its acceptance on 12th February 2026. The Base Concession Fee represents the minimum consideration payable to NHAI and is subject to unitholders' approval. The filing also corrects an inadvertent date error in the previous intimation (year was wrongly typed as 2025 instead of 2026); no other details have changed.

Likely market impact

This is a significant capital deployment by NHIT that, once unitholder approval is secured, will expand the trust's highway asset portfolio. For existing unitholders, this acquisition could boost future cash flows and distributions, though it also raises the trust's debt and capital outlay. The stock may react positively given the confirmed deal size, but investors should await the unitholders' vote outcome.