Retail portion of NHAI InvIT to rise going ahead: Nitin Gadkari

Retail portion of NHAI InvIT to rise going ahead: Nitin Gadkari

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BusinessToday.In
  • Updated Oct 28, 2022 7:50 PM IST

Enthused by the overwhelming retail investor response to the recent Infrastructure Investment Trust (InvIT) from National Highways Authority of India (NHAI), wherein Non-Convertible Debentures (NCD) worth ₹1,430 crore were issued, Union Highways Minister Nitin Gadkari on October 28 said the retail portion will go up in new such fund-raising ahead.The Minister was addressing a gathering at Bombay Stock Exchange after listing the second tranche of the NHAI InvIT and NCD, which earlier this month raised ₹1,430 crore and the issue was oversubscribed nearly seven times.

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