National Highways Infra Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of National Highways Infra Investment Managers approved the un-audited standalone financial results of NHIT for the quarter and nine months ended 31st December 2025. A distribution of Rs. 2.744 per unit has been declared for Q3 FY26 (Rs. 2.733 as interest pass-through and Rs. 0.011 as other income), with record date set as 30th January 2026. The independent valuer EY has assessed the value of existing road assets at Rs. 49,671.90 crore, implying a NAV of Rs. 148.51 per unit pre-distribution and Rs. 145.76 per unit post-distribution. The Board approved draft concession agreements with NHAI for two new road projects under Round 5 (Amravati-Chikhali-Tarsod and Gundugolanu-Chinna Avutapalli-Vijayawada) to be housed in NWPPL. Credit facilities of up to Rs. 3,800 crore (term loan) plus Rs. 200 crore (bank guarantee/short-term) were approved, along with on-lending of up to Rs. 7,000 crore to NWPPL for Round 5 acquisitions. Notably, the proposal to raise fresh funds through issuance of units was deferred.
Steady quarterly distribution of Rs. 2.744/unit supports unitholder income expectations, while the deferral of fresh unit issuance may cause short-term uncertainty around the funding timeline for Round 5 acquisitions. Portfolio expansion via two new NHAI road concessions is a long-term positive, but execution depends on arranging the sanctioned debt and on-lending.