Bharat Highways InvIT: Amit Kumar Singh on how Bharat Highways InvIT works
Amit Kumar Singh, GR Highways Investment Managers, projects that FY24 EBITDA will exceed Rs 1,000 crores. Despite a decline in revenue, profits have improved. The Bharat Highways InvIT will include seven special purpose vehicles (SPVs). A ROFO arrangement with GR Infra will help address revenue blips and extend the life of the InvITs.
Source: indiatimes.com