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NHAI reveals new corporate identity of National Highways Infra Trust

by MN4U Bureau
June 13, 2024
in Marketing
Reading Time: 1 min read
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NHAI reveals new corporate identity of National Highways Infra Trust
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NHAI revealed a new logo for its infrastructure Investment Trust, NHIT, reflecting agility and progress. This unveiling signals a key milestone for NHIT, enhancing brand visibility and aligning with core values: Accountability, Agility, Continuous Learning, Excellence, Integrity, and Collaboration. The new logo was presented by NHAI Chairman, Shri Santosh Kumar Yadav, at NHAI Headquarters in New Delhi, attended by senior officials from NHAI and NHIT.

NHIT, registered with SEBI in October 2020 as a trust, supports India’s National Monetization Pipeline (NMP). Total value realized from NHIT’s three rounds of monetization is Rs. 26,125 crores.

NHIT currently boasts 190 investors and 12,000 bond holders for its Non-Convertible Debentures. The company manages fifteen toll roads spanning about 1,525 kilometers in Assam, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Telangana, Uttar Pradesh, and West Bengal.

NHIT units were issued at Rs. 101 in November 2021 and listed on the BSE and NSE. The NAV of NHIT on March 31, 2024 is Rs.124.75 per unit. NHAI plans to monetize projects worth Rs. 15,000 – 20,000 crore through NHIT in FY 2024-25.

The new corporate identity will solidify NHIT’s position in the InvIT sector, facilitating the flow of financial capital for enhancing the National Highway network nationwide.

 

Tags: National Highways Infra TrustNHAINHIT

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