National Highways Infra Trust Reports No Deviation in Fund Utilization

National Highways Infra Trust (NHIT) has submitted its Statement of Deviation/Variation for the quarter ended June 30, 2026. The report confirms 'Nil' deviation and 'Nil' variation in the utilization of funds raised through an Institutional Placement on March 19, 2025, amounting to ₹5,053.48 Cr. The funds were primarily allocated for infusion into NSPPL for concession fee payments, maintenance, and improvements, as well as for debt service reserve accounts and lender fees at the Trust level. A minor portion was utilized for general corporate purposes and offer expenses. The total net proceeds were ₹4,992.48 Cr, with ₹4,977.35 Cr utilized for NSPPL infusion and ₹12.40 Cr for lender fees as of the reporting date.