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NHAI Appoints Investment Banks for ₹8,000 Crore InvIT IPO
NHAI has appointed investment banks for its ₹8,000 crore InvIT IPO, marking a significant move in infrastructure financing.
The National Highways Authority of India (NHAI) has appointed four investment banks to manage its ₹8,000 crore InvIT IPO. This marks the second such issuance under the National Highways Infra Trust framework. The issue, backed by global investors such as CPP Investments and Ontario Teachers’ Pension Plan, is expected to further improve infrastructure funding and attract significant interest in India's growing highway sector.