NHIT

NHAI (“Sponsor”) set up the National Highways Infra Trust (“NHIT”) on October 19, 2020, as a
contributory irrevocable Trust, pursuant to the Trust Deed executed under the provisions of the
Indian Trusts Act, 1882. NHIT was registered with Securities and Exchange Board of India (“SEBI”)
on October 28, 2020, as an infrastructure investment trust (“InvIT”) under Regulation 3(1) of the
SEBI InvIT Regulations, 2014 having registration number IN/InvIT/20-21/0014. National Highways
Infra Investment Managers Private Limited (“NHIIMPL”) has been appointed as the Investment
Manager to NHIT.
Currently, NHIT holds a diversified portfolio of twenty-six (26) operating toll roads with an aggregate
length of about 2,345 km spread across the 12 states of Andhra Pradesh (“AP”), Assam,
Chhattisgarh, Gujarat, Karnataka, Madhya Pradesh (“MP”), Maharashtra, Rajasthan, Telangana,
Uttar Pradesh (“UP”), Uttarakhand, and West Bengal (“WB”), with concession periods ranging
between 20 to 30 years.
NHIT, through its three wholly owned Special Purpose Vehicles (“SPV”)—NHIT Western Projects
Private Limited (formerly National Highways Infra Projects Private Limited, “NWPPL”), NHIT
Eastern Projects Private Limited (“NEPPL”), and NHIT Southern Projects Private Limited
(“NSPPL”)—has signed 26 individual concession agreements with NHAI for toll road assets and
has paid a total concession fee of approximately ₹43,740 crore to NHAI.
As of June 2025, the Enterprise Value/AUM of NHIT stands at approximately ₹47,970 crore.
The units of NHIT are listed on both BSE and NSE since its initial listing i.e., November 10, 2021.
For more details refer to NHIT’s website at https://nhit.co.in/