NHIT Receives Stock Exchange Approvals for Unit Listing and Trading

2 min read     Updated on 26 Mar 2026, 09:10 AM
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National Highways Infra Trust has successfully obtained listing and trading approvals from BSE and NSE for units issued through institutional placement and preferential basis. The approvals, granted on March 25, 2026, complete the trust's capital raising exercise involving 20.17 crore units at ₹153 per unit, with NHAI acquiring 1,00,85,000 units through the preferential route.

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National Highways Infra Trust has received requisite approvals from both BSE Limited and National Stock Exchange of India Limited for listing and trading of units issued through institutional placement and preferential basis. The approvals were granted on March 25, 2026, enabling the commencement of trading for the newly issued units.

Stock Exchange Approvals Received

National Highways Infra Investment Managers Private Limited, acting as investment manager to NHIT, announced the receipt of comprehensive approvals from both major stock exchanges. The approvals cover units issued through two distinct routes - institutional placement and preferential issue.

Approval Type: BSE Limited NSE Limited
Listing Approval - Preferential Issue: March 25, 2026 March 25, 2026
Listing Approval - Institutional Placement: March 25, 2026 March 25, 2026
Trading Approval - Preferential Issue: March 25, 2026 March 25, 2026
Trading Approval - Institutional Placement: March 25, 2026 March 25, 2026

NHAI Unit Acquisition Through Preferential Route

As part of the preferential issue component, National Highways Authority of India acquired 1,00,85,000 additional units, increasing its total holding from 21.44 crore units to 22.45 crore units. The acquisition resulted in a change in ownership percentage from 11.07% to 10.50% due to the dilutive effect of the overall capital raising exercise.

NHAI Transaction Details: Specifications
Units Acquired: 1,00,85,000 units
Acquisition Mode: Preferential Allotment
Pre-Transaction Holding: 21,43,69,500 units (11.07%)
Post-Transaction Holding: 22,44,54,500 units (10.50%)
Previous Holding Value: ₹1,54,30,05,000

Capital Raising Exercise Completion

The stock exchange approvals mark the completion of NHIT's comprehensive capital raising exercise, which involved allotment of 20.17 crore units at ₹153 per unit. The exercise comprised both institutional placement and preferential issue components, with NHAI participating as the sponsor entity in the preferential segment.

Capital Raising Summary: Details
Total Units Allotted: 20,17,00,000 units
Issue Price: ₹153 per unit
Institutional Placement: 16,13,60,000 units
Preferential Issue: 4,03,40,000 units
NHAI Allocation: 1,00,85,000 units
Final Approval Date: March 25, 2026

Regulatory Compliance Framework

The approvals were obtained pursuant to SEBI Infrastructure Investment Trusts Regulations, 2014, ensuring full regulatory compliance for the unit issuance and trading commencement. NHAI's participation was disclosed under SEBI Insider Trading Regulations through the submission of Form C disclosure, maintaining transparency in the transaction process.

The successful receipt of listing and trading approvals enables immediate commencement of trading for the newly issued units on both BSE and NSE platforms, providing liquidity to investors who participated in the institutional placement and preferential issue.

How will the ₹3,086 crore capital infusion impact NHIT's pipeline of highway infrastructure projects and acquisition strategy?

What factors could influence NHIT's unit price performance following the commencement of trading for the newly issued units?

Will NHAI consider further increasing its stake in NHIT through future preferential issues or open market purchases?

National Highways Infra Trust Revises Record Date to March 20, 2026 for Distribution

1 min read     Updated on 18 Mar 2026, 08:32 PM
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National Highways Infra Trust has officially revised its record date from March 19 to March 20, 2026 for distribution payment following technical issues related to clearing holiday. The Rs. 1.160 per unit distribution for January 2026 period remains unchanged, comprising interest pass through and other income components, with payment scheduled within 5 working days from the revised record date.

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National Highways Infra Trust has revised the record date for its distribution payment from March 19, 2026 to March 20, 2026, following technical issues related to a clearing holiday. The infrastructure investment trust announced the change on March 18, 2026, maintaining all other distribution details unchanged.

Revised Distribution Timeline

The board of National Highways Infra Investment Managers Private Limited has updated the distribution schedule due to clearing holiday complications:

Parameter: Original Details Revised Details
Record Date: March 19, 2026 March 20, 2026
Distribution Amount: Rs. 1.160 per unit Rs. 1.160 per unit
Interest Pass Through: Rs. 1.157 per unit Rs. 1.157 per unit
Other Income: Rs. 0.003 per unit Rs. 0.003 per unit
Payment Timeline: Within 5 working days Within 5 working days

The stock exchanges informed the investment manager about technical issues arising from the clearing holiday on March 19, 2026, necessitating the one-day postponement.

Distribution Components

The distribution package remains unchanged at Rs. 1.160 per unit for the January 2026 period. The amount comprises Rs. 1.157 per unit as interest pass through and Rs. 0.003 per unit as other income on surplus funds at trust level, subject to applicable withholding taxes.

Regulatory Compliance and Communication

National Highways Infra Investment Managers Private Limited, with CIN U65929DL2020GOI366835, formally communicated the revised record date to both BSE Limited and National Stock Exchange of India Limited under Regulation 30. The trust trades under scrip code 543385 and symbol NHIT on the exchanges.

The revision maintains compliance with SEBI Infrastructure Investment Trusts Regulations, 2014 and SEBI Listing Obligations and Disclosures Requirements Regulations, 2015. Under Regulation 18(6)(c) of SEBI InvIT Regulations, the revised record date of March 20, 2026 will determine unitholder eligibility for the distribution.

Payment Schedule

Eligible unitholders can expect to receive their distributions within 5 working days from the revised record date of March 20, 2026. All payments will remain subject to applicable withholding taxes, ensuring continued regulatory compliance. The original board approval from March 16, 2026 and unitholder consent obtained at the extraordinary meeting on March 12, 2026 remain valid for the revised timeline.

Will National Highways Infra Trust implement additional safeguards to prevent future record date revisions due to clearing holidays?

How might this technical delay impact investor confidence in the trust's operational efficiency and future distribution schedules?

Could similar clearing holiday issues affect other infrastructure investment trusts' distribution timelines in the coming quarters?

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