National Highways Infra Trust , through its Investment Manager National Highways Infra Investment Managers Private Limited, has announced a board meeting scheduled for March 16, 2026. The meeting will focus on reviewing the trust's financial performance and considering distribution declarations for unitholders.

Meeting Agenda and Key Items

The board meeting has been convened to address two primary matters of significant importance to stakeholders:

Corporate Communication and Compliance

The formal intimation was communicated to both major stock exchanges on March 12, 2026. The announcement was addressed to the Corporate Relations Department of BSE Limited and The Listing Department of National Stock Exchange of India Limited, ensuring compliance with regulatory requirements.

The communication was digitally signed by Gunjan Singh, Company Secretary and Compliance Officer, demonstrating the trust's commitment to proper corporate governance procedures. The trust operates under the scrip code 543385 and symbol NHIT on the exchanges.

Trust Structure and Management

National Highways Infra Investment Managers Private Limited serves as the Investment Manager to National Highways Infra Trust, operating with CIN U65929DL2020GOI366835. The company maintains its registered office at NHAI Building, G-5 & 6, Sector-10, Dwarka, New Delhi-110075, with a corporate office located in Sector-21, Dwarka.

The upcoming board meeting represents a routine but crucial aspect of the trust's operations, focusing on financial transparency and unitholder value distribution. The consideration of January 2026 financial statements and potential distributions reflects the trust's regular reporting cycle and commitment to stakeholder returns.

National Highways Infra Trust has issued an addendum dated March 3, 2026, announcing revisions to its 6th Extra-Ordinary Meeting scheduled for March 12, 2026 at 11:00 AM. The addendum modifies the preferential unit issuance proposal originally outlined in the notice dated February 17, 2026, introducing significant changes to eligible allottees and the aggregate number of units to be issued.

Meeting Details and Eligibility

The Extra-Ordinary Meeting will be conducted in accordance with the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 and related circulars. Only unitholders whose names are recorded in the Register of Beneficial Owners maintained by the Depositories as on the cut-off date of March 5, 2026 will be entitled to cast their votes.

Revised Preferential Issue Details

The addendum introduces substantial revisions to the preferential unit issuance proposal. The eligible allottees now include National Highways Authority of India (NHA) and Central Board of Trustees, Employees Provident Funds (EPFO). The maximum number of units to be issued has been increased from upto 3,02,50,000 units to upto 4,03,40,000 units.

Pricing and Valuation Framework

The issue price for the preferential units will be determined in accordance with SEBI InvIT Regulations and related circulars. The pricing structure is set at or above a floor price of ₹ 147.50 per unit, taking into account the Trust's Net Asset Value based on full valuation of existing InvIT assets.

Unitholding Pattern Scenarios

The addendum presents two scenarios for post-issue unitholding patterns. In Scenario 1, assuming the Sponsor subscribes 15% of the total issue size with remaining units allotted to other unitholders, the Sponsor's holding would increase from 21,43,69,500 units (11.07%) to up to 25,47,09,500 units (up to 11.91%). In Scenario 2, assuming full subscription under Institutional Placement, the Sponsor's holding would remain at 21,43,69,500 units but the percentage would decrease to up to 10.02% due to dilution.

Investment Objectives and Compliance

The proceeds from the preferential issue will be utilized for making investments in Round 5 Roads, subject to applicable laws and in line with the Trust's investment objectives as stipulated in the Trust Deed dated October 19, 2020. The Investment Manager has confirmed compliance with SEBI InvIT Regulations, including the requirement that units have been listed for at least 6 months prior to the issuance date.

Lock-in and Listing Requirements

The units allotted under the preferential issue will be subject to lock-in provisions as specified in SEBI circulars and will be listed on stock exchanges subject to receipt of necessary approvals. The units will rank pari passu with existing units in all respects, including distribution and voting rights, and will be allotted in dematerialized form within the prescribed timeline.