Mumbai: Enthused by the strong retail interest for the non-convertible debentures (NCDs) by the National Highway Authority of India\u2019s Infrastructure Investment Trust (NHAI InvIT), central highways minister Nitin Gadkari on Friday said the country\u2019s premier highways builder will tap public funds more frequently. This will also give a chance to retail investors to participate in nation-building through infrastructure funding, also called \u2018Jan-Bhagidaari\u2019 by the central government.<\/p>\n
Gadkari was speaking at the listing of NHAI InvIT\u2019s NCDs on the BSE. NCDs worth Rs 9,227 crore were traded on the bourse on the first day, BSE data showed.<\/p>\n
NHAI\u2019s InvIT units, listed in November 2021, are also traded on the exchange. InvITs are debt-cum-equity hybrid instruments that are listed on the exchanges where the trusts work as pass-through vehicles that receive toll collections from physical infrastructures like roads and power transmission lines, and share most of that with the holders of InvIT units.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mumbai: Enthused by the strong retail interest for the non-convertible debentures (NCDs) by the National Highway Authority of India\u2019s Infrastructure Investment Trust (NHAI InvIT), central highways minister Nitin Gadkari on Friday said the country\u2019s premier highways builder will tap public funds more frequently. This will also give a chance to retail investors to participate in nation-building through infrastructure funding, also called \u2018Jan-Bhagidaari\u2019 by the central government. Gadkari was speaking at the listing of NHAI InvIT\u2019s NCDs on the BSE. NCDs worth Rs 9,227 crore were traded on the bourse on the first day, BSE data showed. NHAI\u2019s InvIT units, listed […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,221,137],"tags":[],"class_list":["post-532689","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/532689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=532689"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/532689\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=532689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=532689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=532689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}