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SBI Life and Vidyaniti Acquire 4.25% Stake in National Highways Infra Trust (NHIT) for ₹1,100 Crore.

Banking & Finance | Dated: 31 May 2025

In May 2025, Mumbai (Maharashtra) based SBI Life Insurance Company Limited, a Joint Venture (JV) between State Bank of India (SBI) and France’s BNP Paribas Cardif, along with Bengaluru (Karnataka) based Vidyaniti LLP, jointly acquired a 4.25% stake in the National Highways Infra Trust (NHIT) for Rs. 1,100.61 crore, marking a significant investment in India’s infrastructure sector.

🎯 Key Highlights:

  • - This acquisition was conducted through an open market transaction, reflecting increasing investor interest in long-term infrastructure assets.

💡 Other Important Facts:

  • (i) SBI Life Insurance purchased approximately 3.74 crore units, accounting for a 1.93% stake, while Vidyaniti LLP acquired over 4.49 crore units, translating to a 2.3% stake in NHIT.
  • (ii) The units were bought at an average price of Rs. 133.57 each, which matched the price at which the National Highways Authority of India (NHAI) divested 8.24 crore units on the National Stock Exchange (NSE).
  • (iii) NHIT, launched in 2021 by NHAI, is an Infrastructure Investment Trust (InvIT) aimed at supporting the Government of India’s National Monetisation Pipeline (NMP). It facilitates monetisation of operational infrastructure assets to raise funds for future developments.

📚 Test Your Knowledge:

Recently, SBI Life and Vidyaniti LLP jointly acquired a stake in National Highways Infra Trust (NHIT) for how much amount?

Correct Answer: ₹1,100 Crore

🚀 Quick Recap: