Raajmarg Infra Investment Trust

Raajmarg Infra Investment Managers Private Limited informed the BSE Limited and National Stock Exchange of India Limited that Anil Agarwal has ceased to be a Nominee Director representing Axis Bank Limited on the board, effective September 13, 2026, following his departure from Axis Bank Limited.

Raajmarg Infra Investment Trust declared a distribution of Rs 2.40 per Unit for the quarter ended June 30, 2026, and the payment was duly completed on August 18, 2026, to eligible Unit Holders, as announced by Raajmarg Infra Investment Managers Private Limited, acting as the Investment Manager to the Trust.

Raajmarg Infra Investment Managers Private Limited, acting as the investment manager to the Raajmarg Infra Investment Trust, will hold a board meeting on August 10, 2026, to approve the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the limited review report, the valuation report as of June 30, 2026, and to consider a distribution to unitholders for the same period.

Raajmarg Infra Investment Trust announced that the 1st Annual General Meeting(AGM) of the company will be held on 24 July 2026.

Raajmarg Infra Investment Trust will hold a meeting of the Board of Directors of the Company on 25 May 2026.

The stock debuted at Rs 107, marking a premium of 7% to the issue price. So far, the stock has hit a high of Rs 107.45 and a low of Rs 105.30. On the NSE, over 1.66 crore shares of the company were traded in the counter so far. The initial public offer of Raajmarg Infra Investment Trust (InvIT) received bids for 1,33,32,19,800 units as against 21,33,33,150 units on offer. The issue was subscribed 6.25 times. The issue opened for bidding on 11 March 2026 and closed on 13 March 2026. The price band of the IPO was fixed between Rs 99 and 100 per share. The IPO comprised a fresh issue of units, aggregating up to Rs 6,000 crore. The proceeds from the offer will be utilized towards the the infusion of debt and equity into the Project SPV, which shall be utilized by the project SPV for the payment of concession value of the InvIT Assets to NHAI and general corporate purposes. Ahead of the IPO of Raajmarg Infra Investment Trust on 10 March 2026, the company raised Rs 1,728 crore from anchor investors by allotting 17.28 crore shares at Rs 100 each to 73 anchor investors. Raajmarg Infra Investment Trust (Trust) is an infrastructure investment trust that is registered with SEBI under the InvIT Regulations on December 22, 2025, under Regulation 3(1) of the InvIT Regulations. The Trust intends to acquire, operate, and maintain the InvIT Assets pursuant to the terms of the Concession Agreements. Its toll road portfolio features routes such as Gorhar to Barwa Adda, Chilakaluripet to Vijayawada, the Chennai Bypass, Chennai to Tada, and Nelamangala to Tumkur. The portfolio of toll roads includes five operational toll road assets developed under the Toll Operate Transfer (TOT) model by the NHAI. These assets are located in the states of Jharkhand, Andhra Pradesh, Tamil Nadu, and Karnataka, encompassing approximately 260.198 km as part of the Golden Quadrilateral network. The company has projected revenue from operations of Rs 925.8 crore for FY27, Rs 1,128.03 crore for FY28 and Rs 1,180.65 crore for FY29.Powered by Capital Market - Live