The NHAI-sponsored Raajmarg Infra InvIT listed on the Bombay Stock Exchange in a milestone for India’s road infrastructure financing, officials said Friday.
The infrastructure investment trust is backed by the National Highways Authority of India and holds toll road assets. Listing provides a new channel for institutional capital into transport projects.
InvITs have become an increasingly popular structure for monetizing operational infrastructure while retaining public oversight of strategic assets.
Market participants said the debut could pave the way for additional NHAI-backed offerings to fund highway expansion targets.
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Sources:
https://www.newsonair.gov.in/category/national/page/36/?lang=en