IndInfravit Trust has raised Rs 1,375 crore through the allotment of 1,37,500 Senior, Secured, Listed, Rated, Redeemable and Non-Convertible Debentures (NCDs) of a face value of Rs 1,00,000 each on Private Placement basis. The Board of Directors, the Investment and Finance Committee of the LTIDPL IndvlT Services, Investment Manager (IM) of Indlnfravit Trust, through circular resolution passed on June 14, 2023, approved the allotment of the same.
IndInfravit Trust is among India’s first Infrastructure Investment Trusts (InvIT) to be listed on private placement basis on NSE and BSE in May 2018. It is one of the largest Indian InvITs in the roads sector with a network of approximate 5000 lane kms and operates and maintains 13 Build-Operate-Transfer (BOT) / Annuity Road Assets across 6 Indian states which handles a traffic volume of about 1,80,000 vehicles per day.
