NHAI Receives SEBI Approval for New Investment Trust

The National Highways Authority of India (NHAI) has obtained approval from the Securities and Exchange Board of India (SEBI) for the Raajmarg Infra Investment Trust (RIIT) to operate as an Infrastructure Investment Trust (InvIT). This marks a critical step in monetizing and expanding the participation of public investors in the development of India's national highway infrastructure. Targeting retail and domestic investors, RIIT aims to promote long-term investment in highway assets through this initiative.

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