Highway to Wealth: NHAI Launches Raajmarg Infra Investment Trust

The National Highways Authority of India (NHAI) has received approval from the Securities and Exchange Board of India (SEBI) for its Raajmarg Infra Investment Trust (RIIT), a key initiative aimed at expanding public participation in national highway infrastructure.

The approval marks an important milestone in NHAI’s asset monetisation strategy, enabling the unlocking of value from national highway assets while offering a high-quality investment avenue primarily for retail and domestic investors. The public InvIT is expected to play a significant role in accelerating the development and expansion of a robust national highway network across the country.

The initiative is supported by Raajmarg Infra Investment Managers Pvt Ltd (RIIMPL), a joint venture with equity participation from leading banks including State Bank of India, HDFC Bank, and ICICI Bank. N R V V M K Rajendra Kumar, Member (Finance) at NHAI, will also serve as the Managing Director and Chief Executive Officer of RIIMPL, providing strategic and financial leadership to the platform.

News by Rahul Yelligetti.