NHAI has launched Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) in Mumbai to serve as the Investment Manager for the upcoming Raajmarg Infra Investment Trust (RIIT), a Public InvIT aimed at accelerating road asset monetization and widening investment avenues in National Highway infrastructure. With equity participation from major banks and financial institutions including SBI, PNB, NaBFID, Axis Bank, Bajaj Finserv Ventures, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank, and Yes Bank, RIIMPL is positioned to create a high-quality, long-term investment product for retail and domestic investors. Shri NRVVMK Rajendra Kumar, Member (Finance), NHAI, has been appointed as Managing Director and CEO (Additional Charge). Highlighting NHAI’s strong monetization track record—₹48,995 crore through TOT projects and ₹43,638 crore via four rounds of Private InvITs—Chairman Shri Santosh Kumar Yadav noted that around 1,500 km of completed National Highways will be introduced into the Public InvIT over the next 3–5 years, marking a new era of public participation in infrastructure development. RIIMPL will ensure strong governance aligned with SEBI InvIT norms, with the first Public InvIT issuance expected in February 2026.
NHAI Begins New Chapter of Public Participation with Launch of RIIMPL
