NHAI receives SEBI approval for RIIT public InvIT

The National Highways Authority of India (NHAI) has received approval from the Securities and Exchange Board of India (SEBI) for Raajmarg Infra Investment Trust (RIIT) to be established as an infrastructure investment trust (InvIT). The proposed public InvIT is intended to unlock the monetisation potential of national highway assets while offering a high-quality, long-term investment avenue, primarily for retail and domestic investors.