NHAI Unveils New Corporate Identity of National Highways Infra Trust
The new corporate identity will help NHIT to establish itself as a leading player in the InvIT space, playing a critical role in channelizing financial capital for further development of National Highway network across the country.
![NHAI Unveils New Corporate Identity of National Highways Infra Trust](https://www.psuconnect.in/sdsdsd/nhai9.jpg)
NHAI has unveiled a new corporate identity with the launch of a logo of its infrastructure Investment Trust, National Highways Infra Trust (NHIT).The launch of new corporate identity marks a significant milestone in NHIT's evolution.
The new logo aims to bolster NHIT brand visibility with various stakeholders and align its image with its core values of Accountability, Agility, Continuous Learning, Excellence, Integrity and Collaboration. NHAI Chairman, Shri Santosh Kumar Yadav, unveiled the new logo of NHIT at NHAI Headquarter in New Delhi yesterday, in presence of senior officials from NHAI and NHIT.
NHIT was registered as a trust with SEBI in October 2020, to support the Government of India's National Monetization Pipeline (NMP). With the completion of three rounds of monetization, the total realized value of all three rounds performed by NHIT stands at Rs. 26,125 crore. NHIT today has 190 investors and over 12,000 retail bond holders of its Non-Convertible Debentures.
Read Also : R.K. Chaudhary, CMD, NHPC met Chowna Mein, Hon’ble Dy. CM, Arunachal PradeshIt operates a diversified portfolio of fifteen toll roads with an aggregate length of approximately 1,525 kilometres, spread across nine states of Assam, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Telangana, Uttar Pradesh and West Bengal. Historically, units of NHIT were issued for Rs. 101 per unit in November 2021 and listed on both the BSE and the NSE.
The Net Asset Value (“NAV”) of NHIT as on March 31, 2024 is Rs.124.75 per unit. Under the NMP for FY 2024- 25, NHAI intends to monetize projects worth Rs. 15,000 – 20,000 crore through NHIT.
The new corporate identity will help NHIT to establish itself as a leading player in the InvIT space, playing a critical role in channelizing financial capital for further development of National Highway network across the country.
Read Also : State Coal Minister inaugurates new solar plant at CCL’s Piparwar AreaNews Must Read
- Petroleum Minister Hardeep S Puri Highlights India’s Bioenergy Progress
- NBCC bags orders worth Rs. 182.50 Crore
- OMCs increases price of 19 kg commercial LPG cylinder by Rs 39
- HUDCO Issues Record Date For Dividend, Shares Rise 118% YTD
- NTPC Bongaigaon to Support TB Eradication Efforts; Partners with District Administration, Kokrajhar
- Solar Energy Corporation of India Ltd (SECI) attains Navratna Status
- Dr D K Sunil Takes Over as CMD (Additional Charge) of HAL
- DVC bags Champions Trophy for Corporate Sustainability at XLRI, Jamshedpur
- Minister Pralhad Joshi Visits IREDA Office, Reviews Company’s Strategic Growth Plan
- HAL Selects SAFHAL Helicopter Engines to Develop and Produce ‘Aravalli’ Engines