Vertis Infrastructure Trust

Vertis Infrastructure Trust is an Indian company in the infrastructure industry (formerly Highways Infrastructure Trust) with 5 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 6.95% to 8.34% a year. Maturity dates run from 18 Jan 2027 to 31 Dec 2041. NSDL records all 5 whose terms it holds as secured. Latest credit ratings on record: CRISIL AAA (Stable) (action dated 21 Aug 2026); India Ratings AAA (Stable) (action dated 24 Apr 2026). Verify current terms against the official documents linked on this page.

Data as of 14 Nov 2026 (snapshot 20261114-2051) · How this page is compiled

Issuer overview

Legal name
Vertis Infrastructure Trust
Formerly
Highways Infrastructure Trust
LEI
3358002TXVFZQ2BD6C95
Industry
Infrastructure
Business
Toll bridge operator
Ownership
Non PSU
ISIN issuer code
INE0KXY
Outstanding bonds (ISINs)
5 (plus 1 matured)
Stated coupons (fixed rate)
6.95% – 8.34%
Maturity dates
18 Jan 2027 – 31 Dec 2041
Secured (NSDL)
5 of 5
Combined issue size of outstanding bonds
₹4,275 crore

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

Vertis Infrastructure Trust bonds: ISIN, coupon and maturity

5 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Rating (NSDL)
INE0KXY07034 NCD 8.34% Quarterly 18 Jan 2024 18 Jan 2027 ₹1,00,000 500 Secured None recorded CRISIL AAA 4 Jan 2024
INE0KXY07059 NCD 6.95% Quarterly 26 Jun 2025 26 Jun 2028 ₹1,00,000 1,200 Secured None recorded CRISIL AAA 17 Jun 2025
INE0KXY07026 NCD 8.25% Quarterly 23 Sep 2022 22 Sep 2029 ₹9,35,000 250 Secured Guaranteed CRISIL AAA 14 Mar 2022
INE0KXY07067 NCD 7.63% Quarterly 10 Sep 2026 10 Sep 2032 ₹1,00,000 1,425 Secured None recorded CRISIL AAA 21 Aug 2026
INE0KXY07042 NCD 7.4% Quarterly 10 Jun 2025 31 Dec 2041 ₹98,565 900 Secured None recorded CRISIL AAA 20 May 2025
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.

Vertis Infrastructure Trust credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
CRISIL AAA Stable New 21 Aug 2026 5 Verified by NSDL · Checked 5 Nov 2026
India Ratings AAA Stable Reaffirm 24 Apr 2026 4 Checked 5 Nov 2026
Rating history
Date Agency Rating Outlook Action
21 Aug 2026 CRISIL AAA Stable New
24 Apr 2026 India Ratings AAA Stable Reaffirm
1 Jul 2025 India Ratings AAA Stable Reaffirm
17 Jun 2025 CRISIL AAA Stable New
20 May 2025 CRISIL AAA Stable New
16 May 2025 India Ratings AAA Stable Reaffirm
17 Apr 2025 India Ratings AAA Stable Reaffirm
17 Jan 2025 India Ratings AAA Stable Reaffirm
8 Feb 2024 India Ratings AAA Stable Reaffirm
5 Jan 2024 India Ratings AAA Stable Reaffirm
4 Jan 2024 CRISIL AAA Stable New
28 Dec 2023 India Ratings AAA Stable Reaffirm
27 Dec 2023 India Ratings AAA Stable Reaffirm
21 Nov 2023 India Ratings AAA Stable Reaffirm
20 Oct 2023 India Ratings AAA Stable Reaffirm

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CRISIL, India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
10 Sep 2026 INE0KXY07067 10 Sep 2032 Placement memorandum on BSE
26 Jun 2025 INE0KXY07059 26 Jun 2028 Placement memorandum on BSE
10 Jun 2025 INE0KXY07042 31 Dec 2041 Placement memorandum on BSE
18 Jan 2024 INE0KXY07034 18 Jan 2027 Placement memorandum on BSE
23 Sep 2022 INE0KXY07026 22 Sep 2029 Placement memorandum on BSE
23 Sep 2022 INE0KXY07018 22 Dec 2025 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Vertis Infrastructure Trust bonds: questions and answers

What bonds has Vertis Infrastructure Trust issued?

Vertis Infrastructure Trust has 5 outstanding bonds recorded on this page. By type, as described by NSDL: 5 NCDs. One further ISIN on record has passed its maturity date and is not counted as outstanding.

What are the ISINs of Vertis Infrastructure Trust bonds?

Its 5 outstanding bonds each have their own ISIN, for example INE0KXY07034, INE0KXY07059, INE0KXY07026. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE0KXY.

What coupon rates do Vertis Infrastructure Trust bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 6.95% to 8.34% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do Vertis Infrastructure Trust bonds mature?

Its outstanding bonds have maturity dates from 18 Jan 2027 to 31 Dec 2041. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Vertis Infrastructure Trust bonds?

NSDL India Bond Info records CRISIL AAA (Stable) (action dated 21 Aug 2026); India Ratings AAA (Stable) (action dated 24 Apr 2026) on its outstanding bonds. Checked on NSDL on 5 Nov 2026. A rating is the agency's opinion and can change at any time.

Are Vertis Infrastructure Trust bonds secured, unsecured or guaranteed?

NSDL records all 5 outstanding bonds whose terms it holds as secured. One is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Is Vertis Infrastructure Trust the same company as Highways Infrastructure Trust?

Yes. Vertis Infrastructure Trust was formerly known as Highways Infrastructure Trust; bonds issued under the earlier name are obligations of the same company.

Where can investors find the original disclosure documents for Vertis Infrastructure Trust bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of Vertis Infrastructure Trust bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 29 Oct 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation
Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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