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Raajmarg Infra Investment Managers Private Limited

Where sovereign infrastructure meets disciplined capital stewardship.

RIIMPL is the Investment Manager of Raajmarg Infra Investment Trust — India’s NHAI-sponsored infrastructure investment trust, responsible for the performance, governance, and long-term value of national highway infrastructure assets managed under SEBI’s regulatory framework.

SEBI
Registered infrastructure investment trust

NHAI
Sponsored — Ministry of Road Transport & Highways, GoI

NSE & BSE
Listed — Raajmarg Infra Investment Trust

19
Published governance policies

5Highway Assets
260+Km Network
SEBIRegistered InvIT
NHAISponsored
NSE & BSEListed Trust

Who we are

The investment management arm of India’s national highway monetisation programme.

RIIMPL was incorporated in August 2025 to serve a specific and consequential mandate: managing the Raajmarg Infra Investment Trust on behalf of NHAI, investors, and the public interest those highways serve.

About RIIMPL

India has built one of the world’s most ambitious highway networks. Managing the assets that underpin that network — with discipline, transparency, and accountability across their 20-to-30-year concession lives — is the work RIIMPL was created to do.

We are not a passive holding vehicle. RIIMPL exercises active investment management: overseeing SPV governance, monitoring financial and operational performance, ensuring concession compliance, and reporting with the transparency that public infrastructure demands.

Day-to-day oversight of highway SPVs, concession performance, and asset value protection.

Independent board majority, 19 published policies, and full SEBI disclosure obligations.

Distribution planning, valuation reporting, and financial performance monitoring for unitholders.

Regular reporting to SEBI, investors, NHAI, lenders, and concessionaires.

Our role

How RIIMPL operates across the asset lifecycle.

01

RIIMPL is responsible for all investment decisions relating to RIIT’s assets — evaluating acquisitions, managing existing portfolio composition, and ensuring alignment with the Trust’s investment objectives.

02

We exercise governance over the Special Purpose Vehicles that hold individual highway concessions — monitoring operational performance, concession compliance, and financial reporting against agreed benchmarks.

03

RIIMPL ensures full compliance with SEBI’s InvIT Regulations — filing quarterly and annual reports, maintaining exchange disclosures, and publishing valuation reports, credit ratings, and grievance data on schedule.

04

We plan and execute regular distributions to unitholders, maintain the investor grievance mechanism, and ensure unitholder communications meet SEBI’s standards for listed infrastructure investment trusts.

Trust structure
NHAI — Sponsor
National Highways Authority of India · GoI

RIIT — The Trust
Raajmarg Infra Investment Trust · SEBI-registered

RIIMPL — Investment Manager
Day-to-day asset management & governance

IDBI Trusteeship — Trustee
Independent oversight · SEBI-registered

NH InvIT Project Managers — Project Manager
Operational project management · SPV level

SPVs — Highway assets
National highway concessions held in the Trust

Portfolio & highway assets

National highway infrastructure held within the Trust.

Highway project

Gorhar-Barwa Adda

NH 19 | Jharkhand | 80.5 Kms

Jharkhand corridor — 80.5 km national highway SPV under NHAI concession.

Highway project

Chilakaluripet-Vijayawada

NH 16 | Andhra Pradesh | 69.4 Kms

Andhra Pradesh corridor — 69.4 km national highway SPV under NHAI concession.

Highway project

Neelmangala – Tumkur

NH 48 | Karnataka | 44.7 Kms

Karnataka corridor — 44.7 km national highway SPV under NHAI concession.

Highway project

Chennai Bypass

NH 32 / NH 48 | Tamil Nadu | 32.6 Kms

Tamil Nadu corridor — 32.6 km national highway SPV under NHAI concession.

Highway project

Chennai – Tada

NH 16 | Tamil Nadu | 33.0 Kms

Tamil Nadu corridor — 33.0 km national highway SPV under NHAI concession.

For detailed portfolio and asset information, refer to the Valuation Report and investor disclosure documents available in the Investor Relations section.

Governance & transparency

Governance is not incidental to our mandate. It is the mandate.

RIIMPL operates under an independent-majority board, a structured committee framework, and comprehensive SEBI-prescribed disclosure obligations. Every material aspect of our asset management work is governed by published policy.

19
Published governance policies

5
Board directors incl. independent majority

IDBI
Trusteeship — independent trustee

Monthly
Investor grievance reporting cadence

Latest disclosures

Investor information & recent updates.

All disclosures

Valuation report
Valuation Report & NAV — FY 31.03.2026
Published May 2026

Download PDF ↗

Credit rating
India Ratings & Research — May 2026
Published 22 May 2026

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Credit rating
CARE Ratings — April 2026
Published 23 April 2026

Download PDF ↗

Investor grievance
Investor Grievance Report — May 2026
Published June 2026

Download PDF ↗

Financial results
Financial results — FY 31.03.2026
Published 26 May 2026 · Financial Express

Download PDF ↗

Investor charter
RIIT Investor Charter
SEBI-prescribed investor rights document

Download PDF ↗

Stakeholder engagement

RIIMPL serves multiple stakeholder groups simultaneously.

Stable, SEBI-regulated distributions from real infrastructure assets. Regular valuation, credit rating, and grievance reports.

Investor information →

Accountable management of monetised highway assets, compliant with SEBI regulations and NHAI’s capital recycling mandate.

Governance framework →

Rigorous financial discipline, transparent disclosure, and rated credit quality from India Ratings and CARE Ratings.

Credit ratings & reports →

Working directly with project managers and concessionaires to ensure SPV operations align with Trust objectives and concession standards.

Partner enquiries →

Get in touch

Have a question about RIIMPL or Raajmarg Infra Investment Trust?

Whether you are an investor, a government body, a lender, a prospective partner, or a member of the media, we are available to assist.