Board approves enterprise value of NHIT assets at Rs 1076071 cr

10 Dec 2022 , 12:02 PM

The Board of Directors of National Highways Infra Investment Managers the Investment Manager IM of National Highways Infra Trust NHIT via resolution by circulation dated 7 December 2022 inter alia considered and approved the following matters

1 Taking note of the valuation of existing road assets of Trust at the SPV level as received from RBSA Valuation Advisors LLP valuer providing the enterprise value of the assets of the NHIT as Rs 1076071 crore and the NAV as computed by the management on the basis of valuation done by the valuer as Rs 10932 per unit

2 Approval of the notice of Postal Ballot for seeking votes of unitholders ofnbsp;NHIT through evoting for appointment of Non-Sponsor Directors