National Highways Infra Trust Files Q4 FY26 Unitholding Pattern Under SEBI Regulations
National Highways Infra Trust filed its Q4 FY26 unitholding pattern showing Central/State Government holding 10.50% of total units while public investors hold 89.50%. Total outstanding units stand at 2,13,85,50,600, with institutional investors dominating public holdings at 71.37%, led by foreign body corporates with 47.01% stake.

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National Highways Infra Trust has filed its unitholding pattern statement for the quarter ended March 31, 2026, pursuant to Regulation 23 of the SEBI (Infrastructure Investment Trusts) Regulations, 2014. The disclosure was submitted by National Highways Infra Investment Managers Private Limited, acting as the investment manager for the trust.
Sponsor and Government Holdings
The unitholding pattern reveals that sponsor and sponsor group entities hold a total of 22,44,54,500 units, representing 10.50% of the total outstanding units. This entire holding is attributed to Central/State Government entities, with 100% of these units being mandatorily held.
| Category | Units Held | Percentage of Total |
|---|---|---|
| Central/State Government | 22,44,54,500 | 10.50% |
| Total Sponsor Holdings | 22,44,54,500 | 10.50% |
Public Holdings Distribution
Public investors hold a substantial 1,91,40,96,100 units, accounting for 89.50% of the total outstanding units. The public holding is divided between institutional and non-institutional investors, with institutions commanding a dominant position.
Institutional Investors
Institutional investors hold 1,52,62,72,217 units, representing 71.37% of the total outstanding units. The composition shows significant participation from various institutional categories:
| Investor Category | Units Held | Percentage |
|---|---|---|
| Foreign Body Corporates | 1,00,52,75,300 | 47.01% |
| Provident/Pension Funds | 17,01,17,367 | 7.95% |
| Foreign Portfolio Investors | 15,41,20,671 | 7.21% |
| Insurance Companies | 8,64,12,365 | 4.04% |
| Alternative Investment Funds | 5,85,08,612 | 2.74% |
| Mutual Funds | 2,86,95,251 | 1.34% |
| Financial Institutions/Banks | 1,74,79,751 | 0.82% |
| Government Sponsored FI | 56,62,900 | 0.26% |
Non-Institutional Investors
Non-institutional investors hold 38,78,23,883 units, comprising 18.13% of the total outstanding units. This category includes various investor types:
- Central/State Governments: 18,26,69,600 units (8.54%)
- Body Corporates: 8,54,14,996 units (3.99%)
- Individuals: 5,41,37,404 units (2.53%)
- NBFCs registered with RBI: 5,06,00,000 units (2.37%)
- Trusts: 1,37,50,000 units (0.64%)
- Non-Resident Indians: 12,51,883 units (0.06%)
Total Outstanding Units
As of March 31, 2026, National Highways Infra Trust had a total of 2,13,85,50,600 outstanding units. The unitholding pattern shows no pledged or encumbered units among the sponsor holdings, indicating a clean ownership structure.
Regulatory Compliance
The filing was made in accordance with Para 4.13 of the SEBI Master Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025. The statement was signed by Gunjan Singh, Company Secretary and Compliance Officer of the investment manager, and processed by KFin Technologies Limited as the registrar and transfer agent.
Will the government consider reducing its 19.04% combined stake in NHIT to attract more private investment in infrastructure projects?
How might the dominant 47.01% holding by foreign body corporates impact NHIT's strategic decisions and dividend distribution policies?
Could the strong institutional investor base of 71.37% lead to increased infrastructure investment trust launches in the Indian market?

































