NHAI Unveils New Logo for National Highways Infra Trust, Marking Milestone in Infrastructure Investment

New Delhi, 13 June 2024 — In a significant step towards enhancing its brand visibility and aligning its image with core values, the National Highways Authority of India (NHAI) has unveiled a new corporate identity for its infrastructure Investment Trust, National Highways Infra Trust (NHIT). The new logo, symbolizing ‘Agility’ and ‘Progress,’ was launched by NHAI Chairman Shri Santosh Kumar Yadav at the NHAI headquarters in New Delhi, in the presence of senior officials from both NHAI and NHIT.

The rebranding marks a notable milestone in NHIT’s evolution, aiming to reinforce its brand presence among various stakeholders. The refreshed identity encapsulates NHIT’s core values of Accountability, Agility, Continuous Learning, Excellence, Integrity, and Collaboration, setting the stage for its future endeavors in the infrastructure investment sector.

NHIT, registered as a trust with the Securities and Exchange Board of India (SEBI) in October 2020, plays a pivotal role in supporting the Government of India’s National Monetization Pipeline (NMP). Since its inception, NHIT has successfully completed three rounds of monetization, accumulating a total realized value of Rs. 26,125 crore. This robust performance underscores NHIT’s capability in channelizing financial capital towards the development of the national highway network.

Today, NHIT boasts a diverse investor base, with 190 investors and over 12,000 retail bondholders holding its Non-Convertible Debentures. The trust manages a diversified portfolio of fifteen toll roads, spanning approximately 1,525 kilometers across nine states: Assam, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Telangana, Uttar Pradesh, and West Bengal.

Historically, NHIT units were issued at Rs. 101 per unit in November 2021 and are listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). As of March 31, 2024, the Net Asset Value (NAV) of NHIT stands at Rs. 124.75 per unit. Under the NMP for the fiscal year 2024-25, NHAI aims to monetize projects worth Rs. 15,000 to 20,000 crore through NHIT.

The launch of the new corporate identity is expected to solidify NHIT’s position as a leading player in the Infrastructure Investment Trust (InvIT) space. It will play a crucial role in mobilizing financial resources for the ongoing expansion and enhancement of the National Highway network across India, thus contributing significantly to the country’s infrastructure development.

With this strategic rebranding, NHIT is poised to continue its growth trajectory, driving forward the mission of building and maintaining world-class highways that bolster India’s economic progress and connectivity.