SEBI greenlights NHAI's new investment trust

Business Dec 05, 2025

SEBI has just given the go-ahead for NHAI's Raajmarg Infra Investment Trust (RIIT) to register as an Infrastructure Investment Trust.
RIIT now has six months to tick off some key requirements—like appointing directors and sorting out its finances—before it can fully launch.
The big idea here: help NHAI raise money by letting people invest in India's national highways.

What's new and why it matters

To run things smoothly, NHAI launched a fresh company called Raajmarg Infra Investment Managers Pvt. Ltd (RIIMPL), with support from heavyweights like SBI and ICICI Bank.
RIIMPL is set up with strict rules for transparency and good governance, aiming to make investing in highways safer and more appealing—especially for retail and domestic investors.