Roadstar Infra Investment Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
NHAI has issued a circular on September 13, 2025 lowering the Wholesale Price Index (WPI) linking factor used to adjust toll fees from 1.641 to 1.561. This factor is applied annually to revise toll rates on national highway projects, including BOT (Toll) projects held by the Trust's SPVs. A lower linking factor means smaller annual toll escalations going forward, which could reduce revenue projections for toll road operators. The Investment Manager is currently evaluating the financial impact on the Trust and its project SPVs, and has stated it reserves all rights and remedies under the concession agreements.
Negative for unitholders in the short term, as reduced toll escalations may lower future revenue and distributions from the Trust's toll road assets. The Trust's response, including any legal action under concession agreements, will be key to determining the actual financial hit.