National Highways Infra Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of Directors of National Highways Infra Investment Managers Pvt Ltd (the Investment Manager of NHIT) met on 19th March 2026 and approved key terms for a proposed Institutional Placement of NHIT units. The Board took note of in-principle approvals from BSE and NSE for the issue and finalised the relevant date and floor price. The Final Floor Price has been set at Rs. 149.50 per unit. The Bid/Offer Opening Date is 20th March 2026 and the Bid/Offer Closing Date is 23rd March 2026. The Preliminary Placement Document was also approved.
NHIT is raising fresh capital through an institutional unit placement at a floor price of Rs. 149.50, which could lead to unit dilution for existing unitholders. The short 4-day bidding window suggests a quick placement, and the floor price serves as a benchmark for institutional investors bidding in the issue.