Kotak Mahindra Bank and L&T Each Buy 95.5 Lakh Units in Nxt-Infra Trust for Rs 89.62 Crore from Actis Highway Infra
- August 21, 2026
- Posted by: Neeraj Pandey
- Category: Market
Kotak + L&T: 95.5 lakh units each in Nxt-Infra Trust at Rs 93.85/unit = Rs 89.62 cr each. Seller: Actis Highway Infra. Kotak CMP: Rs 397.35.
Quick Answer
Kotak Mahindra Bank and Larsen & Toubro each purchased 95.5 lakh units in Nxt-Infra Trust, an infrastructure investment trust (InvIT), for Rs 89.62 crore each, at a price of Rs 93.85 per unit. The units were acquired from Actis Highway Infra, which is offloading its position in the InvIT. This transaction signals institutional confidence in India’s infrastructure InvIT space, with two blue-chip buyers stepping in to acquire a significant position.
Transaction Details: Kotak Mahindra Bank and L&T in Nxt-Infra Trust
Kotak Mahindra Bank and Larsen & Toubro independently — each entity, including Kotak Mahindra Bank, acquired 95.5 lakh (9.55 million) units in Nxt-Infra Trust at a price of Rs 93.85 per unit, representing a combined investment of approximately Rs 179.24 crore across both buyers. The seller was Actis Highway Infra, a subsidiary of global infrastructure investor Actis.
| Parameter | Detail |
|---|---|
| Buyer 1 | Kotak Mahindra Bank |
| Buyer 2 | Larsen & Toubro (L&T) |
| Units Purchased (each) | 95.5 lakh (9.55 million) |
| Price Per Unit | Rs 93.85 |
| Transaction Value (each) | Rs 89.62 crore |
| Seller | Actis Highway Infra |
| InvIT | Nxt-Infra Trust |
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What Is Nxt-Infra Trust and Why Does It Matter?
Nxt-Infra Trust is an infrastructure investment trust (InvIT) that holds highway and road infrastructure assets. InvITs are structured vehicles that pool infrastructure assets and distribute regular income to unit holders, similar to REITs in real estate. Actis Highway Infra is a highway-focused infrastructure developer backed by global PE firm Actis.
The acquisition by Kotak Mahindra Bank and L&T — two highly credible institutional investors — at Rs 93.85 per unit signals their assessment of fair value in the InvIT and their confidence in the underlying cash flow quality from the highway portfolio.
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What This Means for Kotak Mahindra Bank Share Price
The transaction is not transformative for the Kotak Mahindra Bank share price — at Rs 89.62 crore, it is a modest investment relative to the bank’s total balance sheet. However, it reflects the bank’s active treasury management and willingness to invest in structured infrastructure instruments for yield. The Kotak Mahindra Bank share price closed at Rs 397.35 on August 20, above its 20-DMA of Rs 391.66, with RSI at 58 indicating positive momentum.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Kotak Mahindra Bank buy Nxt-Infra Trust units?
Ans. Kotak Mahindra Bank and L&T each purchased 95.5 lakh units in Nxt-Infra Trust at Rs 93.85 per unit for Rs 89.62 crore each from Actis Highway Infra. The acquisition reflects institutional confidence in the infrastructure InvIT’s cash flow quality and represents a structured investment for regular yield.
What is Nxt-Infra Trust?
Ans. Nxt-Infra Trust is an infrastructure investment trust (InvIT) that holds highway and road infrastructure assets. The trust generates income from highway tolls and distributes it to unit holders. Actis Highway Infra, backed by global PE firm Actis, was the selling party.
What is Kotak Mahindra Bank share price today?
Ans. Kotak Mahindra Bank closed at Rs 397.35 on August 20, 2026, above its 20-DMA of Rs 391.66, with an RSI of 58.0. Today’s live price should be verified on NSE or BSE before making any investment decision.
What did L&T buy in Nxt-Infra Trust?
Ans. Larsen & Toubro purchased 95.5 lakh (9.55 million) units in Nxt-Infra Trust at Rs 93.85 per unit for Rs 89.62 crore, the same quantum as Kotak Mahindra Bank. Both institutions acquired the units from Actis Highway Infra.
Who is Actis Highway Infra?
Ans. Actis Highway Infra is an infrastructure company backed by global private equity and infrastructure investor Actis. It develops and manages highway infrastructure assets in India. The sale of Nxt-Infra Trust units represents a partial monetisation of Actis’s highway portfolio through the InvIT structure.
