BSEINTERISE TRUSTMediumNeutral
Announced Thu, 9 Jul · 21:24 IST
NHAI restores 1.641 WPI linking factor for toll revision
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
NHAI has issued a new circular dated July 8, 2026, restoring the WPI linking factor of 1.641 (instead of the earlier proposed 1.561) for toll revisions across all existing and future national highway projects. This supersedes NHAI's September 13, 2025 circular, which the Delhi High Court had kept in abeyance in October 2025. The higher linking factor means larger annual toll hikes linked to wholesale price inflation, supporting higher revenue for highway InvITs like Interise Trust.
Likely market impact
Positive for unitholders: restored 1.641 factor means higher toll escalation, boosting revenue and distributions for Interise Trust.