India Infra InvIT Raises Rs.700 Million through Debentures

07 Feb 2024 CW Team

In a significant financial move, India Infrastructure Investment Trust (InvIT), backed by Brookfield, is set to raise a whopping Rs.700 million through the issuance of debentures. This strategic financial manoeuvre aims to fuel the growth and expansion plans of the infrastructure investment trust.

The decision to raise funds through debentures comes as part of India Infra InvIT's ongoing efforts to bolster its financial position and support various infrastructure projects across the nation. Brookfield's backing adds credibility to the initiative, attracting investors keen on stable and lucrative opportunities.

The debenture issuance, with a value of Rs.700 million, is expected to play a pivotal role in fostering infrastructural development, spanning sectors such as energy, transportation, and utilities. This move aligns with India's commitment to enhancing its infrastructure to meet the demands of a growing economy.

Investors and stakeholders alike are closely monitoring the developments, anticipating positive impacts on India's infrastructure landscape. The success of this financial initiative could mark a significant milestone in India Infra InvIT's journey, unlocking new avenues for sustainable and impactful investments.

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