SEBI approves NHAI's Raajmarg Infra Investment Trust as a public InvIT
NHAI said on 24 December 2025 that SEBI has approved its sponsored Raajmarg Infra Investment Trust (RIIT) as a public Infrastructure Investment Trust aimed mainly at retail and domestic investors.
Summary
The National Highways Authority of India (NHAI) said on 24 December 2025 that the Securities and Exchange Board of India (SEBI) has approved the NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) as a public Infrastructure Investment Trust (InvIT). RIIT is meant to monetise National Highway assets and give retail and domestic investors a long-term instrument to invest in highways. Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL), the investment manager, has equity from banks and financial institutions including SBI, PNB, NaBFID, HDFC Bank and ICICI Bank.
Key facts
- Date
- 24 December 2025
- Approval
- SEBI registration of RIIT as a public InvIT
- Sponsor
- NHAI
- Aim
- Monetise NH assets; target retail and domestic investors
- Investment manager
- Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL)
- RIIMPL shareholders include
- SBI, PNB, NaBFID, HDFC Bank, ICICI Bank
Practice MCQs 2 questions
Raajmarg Infra Investment Trust (RIIT), approved by SEBI as a public InvIT in December 2025, is sponsored by:
Show answer
Correct answer: B — National Highways Authority of India
PIB 2208143: NHAI-sponsored Raajmarg Infra Investment Trust has received SEBI approval as an InvIT.
Which investor group is the NHAI's public InvIT, RIIT, primarily meant to target?
Show answer
Correct answer: C — Retail and domestic investors
PIB 2208143: the public InvIT creates a long-term investment instrument primarily targeting retail and domestic investors.