NHAI’s public InvIT gets SEBI nod, will be able to tap retail investors for monetisation
NHAI’s second platform for highway monetisation, Raajmarg Infra Investment Trust (RIIT), has received approval from SEBI as an Infrastructure Investment Trust (InvIT). This public InvIT will allow retail and domestic investors to subscribe to the equity of special purpose vehicles (SPVs) that will acquire highway assets from NHAI.