Raajmarg Infra Investment Managers Private Limited has notified stock exchanges about a key board change, announcing the cessation of Mr. Ashish Kumar Singh as Director effective March 31, 2026. The company, which serves as Investment Manager to Raajmarg Infra Investment Trust, made the disclosure under Regulation 30 compliance requirements.

Director Cessation Details

The cessation stems from an official order by the National Highways Authority of India (NHAI), which relieved Singh from his additional duties as Director. The formal documentation shows the following timeline:

Regulatory Compliance

The company has fulfilled its disclosure obligations by notifying both major stock exchanges. Raajmarg Infra Investment Managers trades on BSE under scrip code 544734 and on NSE with the symbol RIIT. Company Secretary and Compliance Officer Gunjan Rajpal signed the regulatory filing, ensuring proper documentation of the board change.

Corporate Structure Impact

Mr. Ashish Kumar Singh, holding Director Identification Number (DIN) 09841587, formally ceased his directorship responsibilities following the NHAI directive. The cessation appears to be administrative in nature, related to his primary duties with the highways authority. The company has requested stock exchanges to take this information on record, completing the regulatory notification process.

The notification also includes IDBI Trusteeship Services Limited as the trustee to the InvIT structure, highlighting the company's role in managing infrastructure investment trust operations.

Raajmarg Infra Investment Managers Private Limited, acting as investment manager to Raajmarg Infra Investment Trust, has formally announced the appointed date for five highway projects under its InvIT Assets Round 1 portfolio. The company informed stock exchanges that April 01, 2026 at 00:00 hrs has been declared as the official appointed date for these infrastructure assets.

Project Portfolio and Concession Details

The appointed date announcement follows the successful execution of concession agreements between the National Highways Authority of India (NHAI) and Raajmarg 1 Projects Private Limited on March 17, 2026. The Project SPV-1 will operate these highway segments under the concession framework.

Highway Projects Under Round 1

The InvIT Assets Round 1 comprises five strategically located highway projects across different regions:

• Chennai Bypass - Critical urban connectivity infrastructure
• Chennai-Tada - Inter-state highway segment
• Chilakaluripet-Vijayawada - Important Andhra Pradesh corridor
• Gorhar-Barwa Adda - Regional connectivity project
• Neelmangla-Tumkur - Karnataka highway segment

Regulatory Compliance and Structure

The announcement was made pursuant to Regulation 30 requirements, with the company maintaining transparency in its InvIT operations. Raajmarg Infra Investment Managers Private Limited serves as the investment manager, while IDBI Trusteeship Services Limited acts as the trustee to the InvIT structure.

The appointed date declaration marks a significant milestone for the InvIT, as it officially commences the operational phase of these highway assets under the trust structure. This development strengthens the company's infrastructure portfolio and establishes a foundation for potential revenue generation from toll operations across these strategic highway corridors.