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India Inc leans on InvITs to reduce debt, generate returns for investors

Reliance Industries, construction major L&T and IRB Infrastructure are some of the top companies that have used an infrastructure investment trust structure to reduce part of their debt and generate returns for their investors. Earlier this month, IRB Infrastructure InvIT was listed on the National Stock Exchange, giving its investors an option to exit by selling their units. The listing came within months of the Securities and Exchange Board of Indias (Sebis) guidelines for conversion of privat...
Saudi Arabia Abu Dhabi Abuz Aby United Arab Emirates Uttam Ghosh Rediff Mukesh Ambani
Source: rediff.com

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