NHAI Launches Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) to Drive Public InvIT Initiative

Key Points

1. NHAI launched Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) on November 20, 2025.
2. RIIMPL is the Investment Manager for the proposed Raajmarg Infra Investment Trust (RIIT), a Public InvIT.
3. Equity participation in RIIMPL includes State Bank of India, Punjab National Bank, NaBFID, Axis Bank, Bajaj Finserv Ventures Ltd., HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank, and Yes Bank.
4. Shri NRVVMK Rajendra Kumar is appointed as the Managing Director and CEO (Additional Charge) of RIIMPL.
5. NHAI has monetized assets worth ₹48,995 crore through the Toll-Operate-Transfer (TOT) model.
6. NHAI has raised around ₹43,638 crore across four rounds of Private InvITs.
7. Approximately 1,500 km of completed and operational National Highways will be introduced into the Public InvIT over the next 3–5 years.
8. The first issuance of InvIT units for retail and public investors is expected in February 2026.