Nitin Gadkari Launches NHAI Backed Raajmarg Infra Investment Trust

26 Mar 2026 CW Team

Gadkari said that the next target was to monetise 1,500 kilometres of highways over the next three years through the RIIT and that the initiative enabled direct public participation in infrastructure growth. He framed the listing as contributing to the vision of Prime Minister Narendra Modi to create an Aatmanirbhar Bharat and as a mechanism to turn national highway users into stakeholders in project assets. Officials emphasised the potential for institutional and retail investors to access cash flows from toll and road assets through the InvIT structure.

Market commentary at the listing referenced early positive movement in domestic share markets as investors took a breather from recent selling pressure, although volatility remained amid uncertainty linked to developments in the Strait of Hormuz. The Nifty 50 opened at 22,878.45, gaining 365.80 points or 1.62 per cent, while the BSE Sensex opened at 74,212.47, up 1,516.08 points or 2.09 per cent. Sectoral indices showed broad based buying with autos, public sector banks and information technology among those recording gains.

Regional markets in Asia were reported to be firm, with Japan’s Nikkei 225 rising by 0.75 per cent and Hong Kong’s Hang Seng increasing by 1.75 per cent, while United States indices closed higher on Monday with the Dow Jones and the S&P 500 among those rising. Observers noted that the strong subscription to the RIIT issue reflected investor appetite for infrastructure related cash flows despite an uncertain macro environment. The listing on the BSE was presented as an opening for increased monetisation of national highways through structured investment vehicles.

Union Minister for Road Transport and Highways Nitin Gadkari launched the National Highways Authority of India (NHAI) sponsored Raajmarg Infra Investment Trust (RIIT), which listed on the Bombay Stock Exchange (BSE). The maiden public issue of the RIIT received a strong response from investors and the listing was described by officials as an important step in attracting investment into India’s highway infrastructure sector. The public offer was oversubscribed nearly 14 times and officials regarded the outcome as a significant milestone in infrastructure financing. Gadkari said that the next target was to monetise 1,500 kilometres of highways over the next three years through the RIIT and that the initiative enabled direct public participation in infrastructure growth. He framed the listing as contributing to the vision of Prime Minister Narendra Modi to create an Aatmanirbhar Bharat and as a mechanism to turn national highway users into stakeholders in project assets. Officials emphasised the potential for institutional and retail investors to access cash flows from toll and road assets through the InvIT structure. Market commentary at the listing referenced early positive movement in domestic share markets as investors took a breather from recent selling pressure, although volatility remained amid uncertainty linked to developments in the Strait of Hormuz. The Nifty 50 opened at 22,878.45, gaining 365.80 points or 1.62 per cent, while the BSE Sensex opened at 74,212.47, up 1,516.08 points or 2.09 per cent. Sectoral indices showed broad based buying with autos, public sector banks and information technology among those recording gains. Regional markets in Asia were reported to be firm, with Japan’s Nikkei 225 rising by 0.75 per cent and Hong Kong’s Hang Seng increasing by 1.75 per cent, while United States indices closed higher on Monday with the Dow Jones and the S&P 500 among those rising. Observers noted that the strong subscription to the RIIT issue reflected investor appetite for infrastructure related cash flows despite an uncertain macro environment. The listing on the BSE was presented as an opening for increased monetisation of national highways through structured investment vehicles.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..