Investment24 Mar 2026, 01:32 pm
National Highways Infra Trust Approves Institutional Placement of Units
AI Summary
National Highways Infra Trust has informed the Exchange about the disclosure of a material issue. The Board of Directors of National Highways Infra Investment Managers Private Limited, acting as the Investment Manager to National Highways Infra Trust, held a meeting on 24th March 2026. The Board considered and approved several matters related to the Institutional Placement of the Trust's Units. These include the confirmation of the allocation note to eligible institutional investors, adoption of the Placement Document, and approval of the allocation of Units based on a specific methodology. The meeting commenced at 12:00 Noon and concluded at 01:00 p.m.
Key Highlights
- National Highways Infra Trust approves Institutional Placement of Units
- The placement is in accordance with SEBI (Infrastructure Investment Trusts) Regulations and SEBI LODR Regulations
- The Board approved the confirmation of allocation note to be sent to eligible institutional investors
- The Placement Document dated 24th March, 2026 was approved and adopted
- The allocation of the Units was approved based on a specific methodology