National Highways Infra Trust has informed that the Board of Directors (Board) of National Highways Infra Investment Managers (IM) acting in the capacity of Investment Manager to National Highways Infra Trust (NHIT) considered and approved the following via circular resolution passed today, 15 th March, 2024: Allotment of 49,79,26,000 units of NHIT to the eligible institutional investors, by way of Institutional Placement; Allotment of 8,78,69,400 units of NHIT to National Highways Authority of India (NHAI) (Sponsor of the Trust), at a price of Rs. 124.14 per unit on a Preferential Basis.
The above information is a part of company’s filings submitted to BSE.
