Walter Infra Manager Private Limited is the Investment Manager of Nxt-Infra Trust.
The Investment Manager was incorporated in India as a private limited company on March 13, 2023, under the Companies Act, 2013, and bears the Corporate Identification Number (CIN): U42101DL2023FTC410968.
Walter Infra Manager Private Limited is responsible for providing strategic, operational, and regulatory oversight to the Trust, ensuring that investments are managed prudently, transparently, and in line with long-term value creation objectives.
An Investment Management Agreement (IMA) has been executed between the Trust and the Investment Manager, governing the scope of responsibilities and the governance frameworks.
Investment Manager
Jayanta Neelkanth Dixit
Mr. Jayanta Neelkanth Dixit is a Civil Engineer (BE Civil from Collage of Engineering, Pune) by profession with almost 37 years of experience in large Infrastructure projects like nuclear power plants, new railway lines, tunnels, bridges, construction of National Highways and Expressways and operation and maintenance of road projects. He is also a Certified Pavement Engineer from the US. He has technical knowledge on design and performance of rigid and flexible pavements. He has strong exposure to latest techniques and material being used worldwide, in bridge road construction and operations for optimisation of costs. He has been Involved in bidding for greenfield and brown field road projects, evaluating M&A options for road assets in India and abroad by giving detail technical inputs. He has directly led the construction teams for highway construction and has been responsible for P&L of the projects for over 25 years with projects spread across Indian peninsula.
Gaurav Chaturvedi
Mr. Gaurav Chaturvedi is a Chartered Accountant from the Institute of Chartered Accountants of India. Gaurav more than 20 years of experience in raising debt & equity financing in roads, metro & transmission sector. He has core experience in Build-own-operate concession based infrastructure sector and M&A transactions. Gaurav has worked with large groups like L&T and HSBC and has lead the team for setting up of Interise InvIT (formerly known as IndInfravit).
Aditi Tawde
Aditi Tawde is a qualified Company Secretary and holds a Bachelor of Commerce and Bachelor of Laws from the University of Mumbai. She has over 14 years of experience in the corporate and legal domains. She was associated with Tata Communications Payment Solutions Limited, K Raheja Corp and with Nexus Select Mall Management Private Limited where she had handled the legal, secretarial and listing compliances for the communications, real estate and retail sector. She currently heads the secretarial compliance at Walter Infra Manager Private Limited (Investment Manager of Nxt-Infra Trust). She spearheads the compliance for six road assets acquired form Welspun group and oversees the establishment of an InvIT, managing InvIT related compliances under SEBI InvIT regulations.
Role and Responsibilities of the Investment Manager
The Investment Manager plays a central role in the effective functioning and governance of Nxt-Infra Trust.
Its key responsibilities include:
Strategic Investment Oversight
- Oversee investment decisions to ensure alignment with the Trust’s investment strategy and applicable SEBI (Infrastructure Investment Trusts) Regulations, 2014.
- Evaluate and approve investments, divestments, and asset-level decisions relating to the Trust’s underlying road assets.
Asset and Project Oversight
- Supervise the activities of Project Managers to ensure compliance with regulatory requirements and the terms of project management agreements.
- Monitor asset performance, operational efficiency, and long-term value preservation across the portfolio.
Compliance and Governance
- Ensure continuous compliance with SEBI regulations, circulars, and guidelines applicable to Infrastructure Investment Trusts.
- Appoint a Compliance Officer responsible for monitoring regulatory adherence and reporting obligations.
- Coordinate with the Trustee to facilitate smooth and compliant operation of the Trust.
Infrastructure and Personnel
- Maintain adequate infrastructure, systems, and a qualified management team with relevant experience to manage the Trust effectively.
- Ensure that governance structures support disciplined decision-making and risk management.
Disclosures and Reporting
- Ensure timely and accurate disclosures to unit holders, the Trustee, and stock exchanges, in accordance with regulatory requirements.
- Oversee preparation and submission of financial reports, operational updates, and statutory filings.
Distributions to Unit Holders
- Declare and recommend distributions to unit holders in compliance with SEBI regulations and the Trust’s distribution policy.
Grievance Redressal
- Address grievances raised by unit holders promptly and effectively through established redressal mechanisms.
Intermediary and Service Provider Oversight
- Ensure that all intermediaries, agents, and service providers appointed by the Investment Manager operate in compliance with applicable regulations and contractual obligations.
