NHAI receives in principle approval of Registration to Raajmarg Infra Investment Trust from SEBI
In a significant step toward strengthening NHAI’s asset monetization program, the Securities and Exchange Board of India (SEBI) has granted in-principle approval of registration to ‘Raajmarg Infra Investment Trust’ (RIIT) as an Infrastructure Investment Trust under the SEBI (I
In a significant step toward strengthening NHAI’s asset monetization program, the Securities and Exchange Board of India (SEBI) has granted in-principle approval of registration to ‘Raajmarg Infra Investment Trust’ (RIIT) as an Infrastructure Investment Trust under the SEBI (Infrastructure Investment Trusts) Regulations, 2014. The InvIT aims to unlock the monetization potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and domestic investors.
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