NHAI Gets SEBI Nod for Raajmarg InvIT Launch
ROADS & HIGHWAYS

NHAI Gets SEBI Nod for Raajmarg InvIT Launch

National Highways Authority of India has recently received approval from Securities and Exchange Board of India for its sponsored Raajmarg Infra Investment Trust (RIIT) to be launched as a Public Infrastructure Investment Trust. The move strengthens NHAI’s asset monetisation programme while creating a long-term investment avenue primarily for retail and domestic investors.

The Public InvIT is aimed at unlocking value from National Highway assets and widening public participation in India’s highway infrastructure growth. NHAI had earlier incorporated Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) as the Investment Manager for RIIT, with equity participation from leading banks and financial institutions, including SBI, PNB, NaBFID, Axis Bank, Bajaj Finserv Ventures, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank and Yes Bank.

Commenting on the approval, NHAI Chairman Santosh Kumar Yadav said the development marks a key milestone in achieving asset monetisation objectives while strengthening the National Highway network. RIIT is expected to play a pivotal role in accelerating highway development by enabling broader domestic investor participation in infrastructure growth.

National Highways Authority of India has recently received approval from Securities and Exchange Board of India for its sponsored Raajmarg Infra Investment Trust (RIIT) to be launched as a Public Infrastructure Investment Trust. The move strengthens NHAI’s asset monetisation programme while creating a long-term investment avenue primarily for retail and domestic investors. The Public InvIT is aimed at unlocking value from National Highway assets and widening public participation in India’s highway infrastructure growth. NHAI had earlier incorporated Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) as the Investment Manager for RIIT, with equity participation from leading banks and financial institutions, including SBI, PNB, NaBFID, Axis Bank, Bajaj Finserv Ventures, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank and Yes Bank. Commenting on the approval, NHAI Chairman Santosh Kumar Yadav said the development marks a key milestone in achieving asset monetisation objectives while strengthening the National Highway network. RIIT is expected to play a pivotal role in accelerating highway development by enabling broader domestic investor participation in infrastructure growth.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code