SBI Life, Vidyaniti Buy Stake In NHIT; NHAI Offloads 82.4 Million Shares

SBI Life Insurance Co. picked up 37.45 million equity shares of National Highways Infra Trust on Monday via a bulk deal at ₹133.57 apiece, as per National Stock Exchange data. Vidyaniti LLP also acquired 44.95 million shares in the infrastructure trust at the same price.

Meanwhile, the National Highways Authority of India sold 82.4 million equity shares of National Highways Infra Trust in a bulk deal at ₹133.57 per share. National Highways Infra Trust is an infrastructure investment trust sponsored by NHAI.