The Trust has been registered with the SEBI as an InvIT under the InvIT Regulations on December 23, 2021 having registration number IN/InvIT/21-22/0019. The Investment Manager irrevocably transferred to the Trustee an amount of ₹ 10,000 towards the initial corpus of the Highways Trust, with an intention to settle and establish the Highways Trust. This initial corpus of the Highways Trust shall in no event, be distributed to the Investment Manager.
Additionally, Highway Concessions One Private Limited has been appointed as the Investment Manager, and HC One Project Manager Private Limited has been appointed as the Project Manager.
The Highways Infrastructure Trust’s initial portfolio comprises of six roads assets with a total length of more than 452 kilometers across six states in India. The assets which include a diversified mix of toll and annuity roads are located in Gujarat, Madhya Pradesh, Meghalaya, Rajasthan, Tamil Nadu, and Telangana.