RaajMarg Infra Investment Trust Company Summary

RaajMarg Infra Investment Trust has been registered in the Republic of India as an irrevocable Trust with Trust Deed executed on 22 December, 2025 and registered with Sub Registrar IX Distt. South West Delhi under the provisions of the Indian Trusts Act, 1882 on 01 December, 2025. The core business is owning and managing income-generating highway assets, generating returns from tolls, and reinvesting in new projects, similar to a mutual fund but for infrastructure.

The Trust was set up by National Highways Authority of India (NHAI/ Sponsor) and Investment Manager for the Trust is Raajmarg Infra Investment Managers Private Limited (RIIMPL/ the Investment Manager). RIIMPL is a collaborative venture involving major banks like SBI, HDFC, ICICI, etc. and financial institutions.The Trust has been formed to invest in infrastructure assets mainly in the road sector in India.

The Trusts road projects has been implemented and held through Special Purpose Vehicles. The trust holds five operational toll road assets, which form part of the Golden Quadrilateral,one of Indias most strategic national highway networks connecting Delhi, Mumbai, Chennai, and Kolkata through a corridor spanning approximately 5,846 km under the National Highways Development Programme. The assets are situated on key economic corridors across Jharkhand, Andhra Pradesh, Tamil Nadu, and Karnataka, ensuring consistent traffic demand.In 2025, Trust has completed Vijayawada-Chilakaluripet section, Jharkhand (Barachatti-Gorhar), Karnataka (Nelamangala-Tumakuru), and Tamil Nadu (Chennai Bypass), forming diversified, revenue-generating assets for investors.

These projects are designed for both institutional and retail investors. Raajmarg 1 Projects Private Limited (R1PPL) was incorporated on 21st November 2025, as the Project Special Purpose Vehicle and acquired by the Trust on 5th January 2026. The Trust assigned CARE Ratings under AAA (Stable) rating to the trusts long-term bank facilities, highlighting the high safety and reliability of its debt instruments in Jan.

2026. On 13 March 2026, the Trust came up with a public issue by raising Rs 6,000 crore Units, public InvIT, having the face value Rs 100 per unit.The Trust transformed into an operational reality-established one of Indias largest highway infrastructure investment platform by acquiring 5 operational toll road assets having approximately Rs 9500 crore and mobilisation of Rs 6000 crore from institutional &retail investors in FY26. In addition, the Trust received the highest domestic credit ratings of AAA with a Stable outlook from both CARE Ratings and India Ratings, reflecting the strength of its financial profile and underlying asset base.