Anantam Highways Trust (the “Trust”) is an Indian infrastructure investment trust which proposes to invest in infrastructure assets, including in road infrastructure assets. The Trust is sponsored by Alpha Alternatives Fund Advisors LLP (the “Sponsor”). The Sponsor established the Trust on July 24, 2024 and the Trust was registered with SEBI on August 19, 2024 as an InvIT in accordance with the InvIT Regulations.
Our business model is built on four integrated pillars that support sustainable growth, operational resilience, and long-term value creation for our unitholders.
We invest in operational highway assets with established traffic profiles, stable cash flows, reliable contractual frameworks, and long remaining concession periods, providing a strong foundation for long-term performance.
We evaluate every acquisition and investment opportunity through rigorous financial, operational, and strategic assessments to ensure prudent capital deployment and sustainable value creation for our unitholders.
Our assets are supported by structured maintenance programmes, robust operational oversight, and continuous performance monitoring to maintain service quality, enhance efficiency, and optimise asset performance throughout their lifecycle.
Strong governance principles underpin our operations. Independent oversight, transparent reporting, and comprehensive risk management frameworks support accountability, integrity, and long-term stakeholder confidence.
Anantam Highways Trust is designed to deliver sustainable long-term value through a portfolio of operational highway assets supported by contractual revenue streams, strong counterparties, disciplined growth, and institutional sponsorship
HAM assets generate contractual annuity income, reducing exposure to traffic volatility.
NHAI-backed annuities support stable and predictable cash flows.
Interest-linked annuities help mitigate the impact of changing financing costs.
ROFO arrangements provide access to future acquisition opportunities.
Backed by the complementary strengths of Alpha Alternatives and Dilip Buildcon.
The Trust will have an initial portfolio consisting of the seven Project SPVs having an aggregate of 273.65 kms (1,086.60 lane kms), located across five states and one union territory in India. The Trust, subject to receipt of certain approvals, will directly or indirectly hold 100% shareholding in all 7 SPVs which collectively hold 7 road infrastructure projects.
Alpha Alternatives Fund Advisors LLP is the Sponsor of the Trust. The Sponsor is a limited liability partnership incorporated in India under the Limited Liability Partnership Act, 2008, with the identification number AAL-2353. The Sponsor was incorporated on November 23, 2017.
The Sponsor is a multi-asset class asset management entity that creates investment solutions across various asset-classes, such as, infrastructure, credit, real estate, equities, commodities, and fixed income. The Sponsor is registered as an investment advisor, portfolio manager and investment manager to alternative investment funds with SEBI.
Alpha Alternatives Fund-Infra Advisors Private Limited is the Investment Manager of the Trust. The Investment Manager is a private company limited by shares incorporated on February 8, 2024 under the Companies Act, 2013 having CIN U70200MH2024PTC418826. The Investment Manager’s registered office is situated at 33rd floor, Sunshine Tower, Senapati Bapat Marg, Dadar West, Mumbai 400 013.
Anantam Highways Project Manager Private Limited is the Project Manager for the Trust. The Project Manager is a private company limited by shares incorporated on November 7, 2023 at Mumbai under the Companies Act, 2013 having CIN U74909MH2023PTC413446. The Project Manager’s registered office is situated at 34th floor, Sunshine Towers, Senapati Bapat Marg, Dadar West, Mumbai 400 013.
Axis Trustee Services Limited is the Trustee of the Trust. The Trustee is a registered intermediary with SEBI under the SEBI Debenture Trustee Regulations as a debenture trustee having registration number IND000000494 and the certificate of registration is valid until suspended. The Trustee’s registered office is situated at Axis House, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai 400 025 and corporate office at The Ruby 2nd floor, SW, 29 Senapati Bapat Marg, Dadar West, Mumbai 400 028. The Trustee is a wholly-owned subsidiary of Axis Bank Limited.
