NHAI Receives SEBI’s In-Principle Approval of Registration to Raajmarg Infra Investment Trust as an InvIT

NHAI's 'Raajmarg Infra Investment Trust' (RIIT) received in-principle approval from SEBI as an InvIT, operating under the SEBI (InvITs) Regulations, 2014.

This initiative aims to monetize National Highway assets by attracting retail and domestic investors into a new long-term investment instrument. RIIMPL, a venture with major banks, will manage the trust.