BSEMaple Infrastructure TrustHighNeutral
Announced Thu, 9 Jul · 21:46 IST
NHAI restores WPI linking factor to 1.641 for toll revisions
Business Updates View source PDF
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 to 1.641 from 1.561 for converting WPI series from base year 2011-12 to 2004-05. This factor is used for annual user fee revisions on national highways. The earlier September 2025 circular that reduced the factor stands superseded. The change benefits Maple Infrastructure Trust, which operates toll road assets whose revenues are revised annually based on this WPI mechanism.
Likely market impact
Positive for unit holders. A higher linking factor means larger annual toll escalations, boosting cash flows from Maple's highway assets.