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

Meeting Date

NATIONAL HIGHWAYS INFRA TRUST 27-07-2026

NATIONAL HIGHWAYS INFRA TRUST

5th Annual Meeting

Gunjan Singh: Good afternoon, all.

I welcome you all to the 5th Annual Meeting of

National Highways Infra Trust.

Sir, we are waiting for a few unitholders to join.

two minutes, they'll be able to join.

So till then, I think we can

Moderator: Two unitholders joined, madam.

Mathew George: Sorry, somebody said

Moderator: Two unitholders joined.

Mathew George: Okay.

Rakshit Jain: Two unitholders joined.

Gunjan Singh: I heard that when I thought maybe I can ask him to

Rakshit Jain: Yeah, you can ask him separately.

Gunjan Singh: Meanwhile, we can start.

Yeah, yeah, we can start the meeting.

Good afternoon, all.

In this meeting we have Mr.

Pradeep Singh Kharola, who's the

Chairman of the Audit Committee and Stakeholders’ Relationship Committee.

Sumit Bose, who's the Chairman of the NRC meeting.

Swaminathan, who are the Independent Directors.

also there, who's a Unitholder Nominee Director.

May I request the Directors to elect one

of themselves as a Chairman of this meeting before we proceed?

Pradeep Singh Kharola: Yeah, I'll propose Bose sir to chair this meeting.

Gunjan Singh: Okay.

Thank you, sir.

So, we have the requisite quorum of the

unitholders present, as the IT has confirmed that two unitholders are present currently in

I welcome all the Directors present at the meeting.

The leadership team is

present in this room.

Rakshit Jain, MD and CEO, is here.

Mathew George, CFO,

Sunil, heading Finance and Accounts, is here.

Sonu Garg, Chief Risk

Officer, is here.

Sudhanshu Shukla is also here.

We also have, present through

VC, the Auditors of the Trust.

CA Mohd Azam Ansari is present.

On behalf of IDBI

Frany is present.

Shania Srivastav on behalf of SBI Trustee is present.

Nilesh Jain on behalf of our valuers is present.

He's from E & Y.

behalf of our Secretarial Auditor is present.

Ritesh Rajput on behalf of KDA &

NATIONAL HIGHWAYS INFRA TRUST 27-07-2026

Associates, who are our Scrutinizer, are also present through VC in this meeting.

want to inform all of you that in accordance with the SEBI InvIT regulations, we have

issued the notices to the unitholders, and this meeting is being held through video

We have tied up with KFin Technologies who are our Registrar and

Transfer Agents, to provide the facility of voting through remote e-voting.

period remained open from 9 AM on 24th July 2026 till 5 PM on 26th July 2026, and the

facility for voting through the e-voting system is also available during this meeting,

which has already been activated for the unitholders who have not cast their voting yet.

Kaushal Dalal, failing him, Mr.

Ritesh Rajput, who are the partners of M/s.

Associates, [Unintelligible] as the Scrutinizers for this meeting.

The voting results for this

meeting along with the Scrutinizer's Report would be made available on the website of

the Trust and the website of KFin Tech, which will be available no later than 48 hours

from the conclusion of this meeting.

So therefore, now, I call this meeting to order, and

with the consent of the unitholders present, I take the Notice of the Annual Meeting as

I request the unitholders present in this meeting to if they have any queries or any

suggestions you may present them now.

You can go ahead.

Raju, are there any—

have the unitholders given any queries or anything they want to present?

Moderator: One moment, madam.

The current number is 2, madam.

I think you can go

Gunjan Singh: Okay.

For this Annual Meeting there were 3

businesses that we have placed for approval of the unitholders.

That is to consider and adopt the Audited Standalone and Consolidated Financial

Statements of National Highways Infra Trust for the Financial Year ended 31st March

2026, together with the Auditor's Report and the Report on performance of the trust.

The second item was to consider and adopt the Valuation Report of the assets of the trust

for the Financial Year ended 31st March 2026, which has been given by our valuers, E &

To consider and approve the reappointment and remuneration of the Valuer of the Trust

from the conclusion of this meeting for the period up to 30th November 2028.

So these are the 3 matters which were placed, and the voting has already been done

through e-voting.

The voting lines are also currently open, which will be open till 30

minutes from the conclusion of this meeting.

I mean, these were the 3 items,

and I, I thank all the unitholders and other participants for giving their valuable time for

And the e-voting process, as I informed you, will continue for the next 15

minutes, and then it will be disabled automatically.

NATIONAL HIGHWAYS INFRA TRUST 27-07-2026

Mathew George: Thank you.

Should we now close the meeting?

there any, anything else?

Gunjan Singh: Yeah, Mr.

Raju, is there anything?

Can we close this meeting?

Moderator: Started.

And you can close the meeting, ma'am.

Boardroom: Okay, okay.

Thank you, thank you, thank you all.

Okay, thank you very