Tuesday, February 18, 2020

IL&FS proposes InvIT for road assets

The group, whose management was superseded by the government in 2018, has submitted the proposal to the Securities and Exchange Board of India (Sebi) but experts say approval could take some time as there are no rules governing the creation of the kind of InvIT proposed by IL&FS.

from Banking/Finance-Industry-Economic Times https://ift.tt/325dCzA

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