National Highways Infra Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
National Highways Infra Trust has informed the exchanges that the 5-year tenure of two Independent Directors on the board of its Investment Manager (NHIIMPL) has ended on 19th October 2025. The directors are Mr. Shailendra Narain Roy (DIN: 02144836) and Mr. Mahavir Parsad Sharma (DIN: 03158413), who were originally appointed on 20th October 2020. The completion is in line with SEBI InviT Regulations and the Companies Act, 2013. The trust has not announced any replacement appointments in this filing.
This is a routine end-of-term event rather than a sudden exit, so the immediate impact on the stock is likely limited. Investors should watch for any follow-up announcement on the appointment of new Independent Directors, as board composition changes at the Investment Manager level can affect governance oversight of the trust.