India’s competition regulator has cleared Nitro Asia Holdings II’s acquisition of unitholding in National Highways Infra Trust. The Singapore-based investment vehicle will acquire units via on-market transactions, reinforcing global investor confidence in India’s highway infrastructure sector and expanding opportunities for capital inflows into long-term infrastructure projects.
The Competition Commission of India announced its approval on January 27, 2026, for Nitro Asia Holdings II Pte. Ltd. to acquire certain unitholding in National Highways Infra Trust. The move underscores India’s commitment to fostering fair competition while enabling foreign capital to support infrastructure growth.
The transaction, executed through on-market stock exchange deals, strengthens foreign participation in India’s infrastructure investment landscape.
Key Highlights
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CCI approval covers acquisition of NHIT units through registered stock exchange transactions
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Nitro Asia Holdings II is a Singapore-incorporated special purpose vehicle focused on equity and non-equity asset ownership
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National Highways Infra Trust plays a critical role in financing and managing India’s expanding road infrastructure
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The approval signals regulatory confidence in foreign investment participation in India’s infrastructure sector
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The transaction is expected to enhance liquidity and broaden investor diversity in NHIT
Sources: Competition Commission of India press release, PIB Delhi