National Highways Infra Trust Board Approves Institutional Placement Details
National Highways Infra Investment Managers Private Limited, acting as the Investment Manager to National Highways Infra Trust (NHIT), announced the outcome of its Board meeting held on Tuesday, March 24, 2026. The Board approved key details related to the ongoing Institutional Placement of the Trust’s Units.The Board finalized and approved the allocation note to be sent to eligible institutional investors, detailing the allocation of Units in connection with the Institutional Placement. Furthermore, the Placement Document dated March 24, 2026, was approved and adopted. The Board also approved the methodology for allocating Units within the Institutional Placement.
The Board meeting commenced at 12:00 Noon and concluded at 1:00 p.m. NHIT is listed on the Bombay Stock Exchange (Scrip Code: 543385) and the National Stock Exchange (Scrip ID/Symbol: NHIT).
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.