National Highways Infra Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of Directors of the Investment Manager of National Highways Infra Trust (NHIT) met on 23rd March 2026 and approved key matters related to its proposed private placement of units. The Board took note of the in-principle approvals received from BSE and NSE for the Preferential Issue and noted the closing of the Institutional Placement on 23rd March 2025. The Issue Price has been determined and approved at Rs. 153 per unit for both the Institutional Placement and the Preferential Issue. This is a capital-raising exercise by the InvIT to fund its highway infrastructure assets, with the pricing set at a uniform Rs. 153 level across both routes of issuance.
The Rs. 153 issue price sets a near-term reference for NHIT units; existing unitholders may see dilution depending on the number of new units issued, and successful closure of the placement could strengthen the Trust's capital base for further road asset acquisitions.