National Highways Infra Trust has received a comprehensive valuation report for its Round 5 road assets, with the total enterprise value reaching ₹62,209 million as at February 28, 2026. The valuation was conducted by Ernst & Young Merchant Banking Services LLP, a registered valuer, and communicated to stock exchanges on March 13, 2026.

Project-wise Asset Valuation

The Round 5 assets comprise two major highway projects with significant enterprise values:

The Amravati Chikali project represents the larger component, accounting for approximately 71.6% of the total valuation, while the Gundugolanu - Chinna Avutupalli project contributes the remaining 28.4%.

Regulatory Communication

National Highways Infra Investment Managers Private Limited, serving as the Investment Manager to National Highways Infra Trust, has formally notified both major stock exchanges about the valuation report. The communication was addressed to:

• BSE Limited's Corporate Relations Department at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai
• National Stock Exchange of India Limited's Listing Department at Exchange Plaza, Bandra Kurla Complex, Mumbai

Valuation Details

The valuation report was prepared by Ernst & Young Merchant Banking Services LLP, operating as a registered valuer under registration number IBBI/RV-E/05/2021/155. The firm is based in Mumbai and provided the project-wise breakdown in response to a request dated March 13, 2026.

Corporate Structure

National Highways Infra Investment Managers Private Limited operates under CIN U65929DL2020GOI366835 and serves as the Investment Manager to National Highways Infra Trust. The company maintains its official website at www.nhit.co.in and can be contacted at nhiimpl@nhit.co.in . Gunjan Singh, serving as Company Secretary and Compliance Officer, signed the regulatory communication.

Documentation and Compliance

The investment manager has requested both stock exchanges to take the valuation information on record, ensuring compliance with listing requirements. The complete project-wise breakdown report was enclosed as Annexure I with the official communication to maintain transparency and regulatory adherence.

National Highways Infra Trust has published comprehensive voting results and the scrutinizer's report for its 6th Extra-Ordinary Meeting of Unitholders held on March 12, 2026. The meeting, conducted through video conferencing from 11:00 AM to 11:30 AM, achieved unanimous approval for all six proposed resolutions with strong unitholder participation.

Meeting Overview and Participation

The Extra-Ordinary Meeting was conducted in compliance with SEBI InvIT Regulations and SEBI master circular bearing reference no. SEBI/HO/DDHS-PoD 2/P/CIR/2025/102 dated July 11, 2025. The meeting was chaired by Mr. Pradeep Singh Kharola, Independent Director and Chairman of Audit Committee and Stakeholder Relationship Committee.

Comprehensive Voting Results

The scrutinizer's report, prepared by Mr. Kaushal Dalal from M/s KDA & Associates, revealed detailed voting patterns across all unitholder categories. All six resolutions received 100% approval from participating unitholders, demonstrating strong support for the trust's strategic initiatives.

Unitholder Category Analysis

The voting results revealed distinct participation patterns across different unitholder categories. Public institutional holders demonstrated the highest engagement, while sponsor and related party participation varied by resolution type.

Regulatory Compliance and Documentation

The voting process was conducted through KFin Technologies Limited's electronic platform, ensuring secure and transparent participation. The scrutinizer confirmed that all institutional unitholders provided necessary documentation including board resolutions and authority letters for valid vote casting.

Ms. Gunjan Singh, Company Secretary and Compliance Officer, submitted the voting results and scrutinizer's report to BSE Limited and National Stock Exchange of India Limited on March 13, 2026. The complete documentation, including recorded meeting transcripts, has been made available on the trust's website at www.nhit.co.in and KFin Technologies' platform.

Strategic Implications

The unanimous approval of all resolutions provides National Highways Infra Trust with enhanced flexibility for asset acquisition, capital raising through preferential and institutional placements, and operational improvements. The strong institutional support, particularly the 82.61% participation rate among public institutional holders, reflects confidence in the trust's strategic direction and governance practices.