Catalyst Trusteeship Limited is the Trustee of Nxt-Infra Trust.
Catalyst Trusteeship Limited is a registered intermediary with the Securities and Exchange Board of India (SEBI) under the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993. The Trustee has been registered as a Debenture Trustee since April 13, 2022, bearing registration number IND000000034.
The Trustee’s registration is valid unless suspended or cancelled by SEBI, and it is responsible for safeguarding the interests of the unit holders in accordance with applicable laws and regulations.
As Trustee, Catalyst Trusteeship Limited oversees the activities of the Trust, ensuring compliance with the InvIT Regulations, monitoring adherence to trust documents, and providing independent oversight to protect stakeholder interests.
What is an Infrastructure Investment Trust (InvIT)?
An Infrastructure Investment Trust (InvIT) is a SEBI-regulated investment vehicle created
to facilitate long-term investment in infrastructure assets in India.
An InvIT operates as a trust structure comprising a Sponsor, Trustee, Investment Manager, and Project Manager, and is governed by the SEBI (Infrastructure Investment Trusts) Regulations, 2014, as amended from time to time.
InvITs are required to invest primarily in infrastructure projects or infrastructure companies, with at least 90 percent of the value of their assets comprising infrastructure assets, ensuring a strong focus on income-generating public infrastructure.
Through this structure, InvITs enable investors to participate in large-scale infrastructure assets such as roads, highways, transmission lines, and other essential infrastructure, without directly owning or operating these assets.
How an InvIT Works
InvITs pool capital from institutional and other eligible investors and deploy it into operational, revenue-generating infrastructure assets.
The income generated from these assets is distributed to unit holders in the form of interest, dividends, and other permitted distributions, in accordance with SEBI regulations. This structure provides investors with access to stable, long-term cash flows linked to infrastructure performance.
InvITs can raise capital through public or private placements and are listed on recognized stock exchanges, offering liquidity and transparency to investors.
Nxt-Infra Trust as an InvIT
Nxt-Infra Trust is a SEBI-registered Infrastructure Investment Trust, established to own, operate, and manage critical road infrastructure assets in India through a long-term stewardship approach.
The Trust is structured to focus on:
- Operational excellence
- Road safety and resilience
- Sustainability and governance
- Stable, long-duration cash flows
Nxt-Infra Trust operates within a regulated InvIT framework, supported by clearly defined roles for the Sponsor, Trustee, Investment Manager, and Project Manager, ensuring transparency, accountability, and alignment with investor interests.
Trust Structure Overview
The Trust operates through a structured governance framework involving:
Sponsor
Providing strategic direction, capital support, and long-term infrastructure expertise.
Trustee
Acting as an independent oversight body to protect unit holder interests.
Investment Manager
Responsible for investment decisions, compliance, disclosures, and overall trust strategy.
Project Manager
Managing day-to-day operations, maintenance, asset optimization, and performance of underlying road assets.
This structure ensures that infrastructure assets are managed with discipline, transparency, and a long-term public asset mindset.
