NHIT — earnings call
The transcript as filed. Every paragraph is addressable: its link names the page and the position it sits at in the call.
Prepared remarks
NATIONAL HIGHWAYS INFRA TRUST
Moderator: Ma'am You can start now.
You can start now ma'am.
Gunjan: Just a second.
Pradeep Singh Kharola: Before we start, can you just confirm how many unit holders are
Gunjan: You hear me now?
Can you hear me now?
Pradeep Singh Kharola: Gunjan, we can hear you.
Gunjan: Am I audible?
Pradeep Singh Kharola: Yes Gunjan,
Moderator: there is some eco coming, Madam.
Pradeep Singh Kharola: Lot of eco is there.
Moderator: There is another laptop.
Another laptop is available.
Gunjan: Sir, am I Audible now, Am I audible now?
Moderator: eco is there
Pradeep Singh Kharola: Eco
Gunjan: Yeah, we are fixing that.
Pradeep Singh Kharola: I can hear you clearly, see you also,
Moderator: now it is ok
Gunjan: Ok, so let's start the meeting.
Good afternoon all.
I welcome you to the 4th Annual
meeting of our National Highway Infra Trust.
As per the SEBI Invit regulations, we have
sent out the notice of the 4th Annual meeting.
This meeting is being held in video
conferencing and the digital copy of the notice to all the unit holders and debenture holders
whose e-mail IDs were registered with us, we have tied up with K Fin Technologies
Limited who's our who are our RTA to provide the facility for voting through remote e
Also during the this meeting also the remote e voting is open and the e vote remote
e voting period remain open from 9:00 AM on Monday, 21st July till 5:00 PM on Thursday,
Kaushal Dalal of M/s KD and Associates, the practicing company secretary.
They have been appointed as a scrutinizer for scrutinizing the process of remote E voting
held prior and E voting during this meeting.
The consolidated voting results along with the
scrutinizers report would be available on the website of K Fin tech as well as the website
of NHIT within 48 hours from this meeting.
So I would also invite Mr.
chairman for this meeting.
Shailendra Narain Roy, Chairperson of the NRC,
Pradeep Singh Kharola is the Chairman of the audit committee and we also have Mr.
MP Sharma, who's the independent Director of IM Company.
We also have Mr.
George, the CFO and Mr.
Rakshit Jain, the MD and CEO present in this meeting.
Pradeep Singh Kharola to take the chair.
Sir, we also have in this meeting
representatives of the auditors of the trust, Mr.
Pavan Goyal is there.
joined on behalf of IDBI Trustee who are our trustees.
Miss Shania, she has joined on
behalf of SBI Trustee.
Dinesh Ji is there on behalf of Valuer, Mr.
Vaibhav is there on
behalf of the secretarial auditor and Mr.
Kaushal Dalal is there from scrutinizers side.
are present in the meeting through VC.
Pradeep Singh Kharola: But we can't see them Gunjan
Gunjan: Sir, they are, they are there in the other room.
Which we are not able to see them,
but they are present.
Pradeep Singh Kharola: But they can see us.
Gunjan: Yes, the moderator.
Can you please confirm they are there
Moderator: Ma'am, we can see Arjun, Harshit Trivedi, Khushal Dalal is there (Not Clear)
Pradeep Singh Kharola: ok, its ok
Moderator: Sir, you can continue sir.
Pradeep Singh Kharola: Gunjan you carry on
Gunjan: With the consent of the unit holders present here, we are taking the notice
convening the meeting as read.
Any queries, any concerns, suggestions or clarifications on
the operations of any sectors are invited in this meeting.
Further, in the notice of the annual
meeting, we have placed three resolutions for approval from the unit holders.
The first is the consideration and adoption of audited standalone financial statements and
audited consolidated financial statements as at 31st March, 2025 along with the report of
the auditors there on.
The second item is to consider and adopt the valuation report of the assets of the Trust for
the financial year ended 31st March 2025.
Third matter is to consider and approve the reappointment of statutory auditors of the Trust
for the period from financial year 2025-26 for five years up to 2029-30 and fixation of their
If the unit holders present here have any query moderator you may please you can inform
on behalf of any queries there.
We can answer it right here.
Moderator: Excuse me Madam, you are waiting for something.
Gunjan: No no, I'm I'm just asking if there is any query from the unit holders.
Moderator: There are no unit holders queries ma'am.
In fact, you know no speakers have
Pradeep Singh Kharola: No, there are no unit holders or there are no queries from unit
Moderator: No, no speakers have joined sir, no queries
Pradeep Singh Kharola: No Unit holder has joined.
Gunjan: No, no unit holders are there.
Moderator: No speakers.
Pradeep Singh Kharola: OK, unit holders have joined but there are no queries from their
Pradeep Singh Kharola: So that's for all the all the three proposals, all the three
Moderator: Yes, Sir.
Pradeep Singh Kharola: OK, so if there are no queries, then Gunjan, we move to the next
So the E voting process, it will continue for next 15 minutes and then it
will be disabled automatically by the RTA.
So we may thank all the unit holders and other
stakeholders for their participation in the meeting and for their time given at this meeting.
Pradeep Singh Kharola: OK, on behalf of directors also we thank the unit holders and
then now that's it, that no queries need to be answered and the directors need not be present
Gunjan: Yes, Sir, we can conclude the meeting.
Pradeep Singh Kharola: We can.
Conclude the meeting.
Thank you, Roy Saab
and thank you Sharma ji.
And I think I can see Mathew is (Not Clear) and thank you.
you, everybody.
Speaker: Thank you.
Thank you everybody.
Pradeep Singh Kharola: Acha actually Rakshit I can hear you, but I can't see you.
I'm in the same room with Mathew. same room.
Pradeep Singh Kharola: i can see you.
Ok Thank you very much.