About Bharat Highways Infrastructure Investment Trust Ipo
Bharat Highways Infrastructure InvIT is a trust established to acquire and manage and invest in the portfolio of infrastructure assets in India. Bharat Highways Trust is authorized to carry on the activities of Infrastructure Investment trust under Security Exchange Board of India (SEBI) regulations. Bharat Highways portfolio consists of seven roads. All of which are operated on HAM basis in Gujarat, Andra Pradesh, Maharashtra, Uttar pradesh and Punjab. These roads are operated and maintained based on concession rights granted by the NHAI. InvIT has entered into a ROFO Agreement with GRILL under which GRILL has granted a right to first refusal over certain other assets owned and developed by GRILL. Bharat Highways Trust has been assigned a rating of CRISIL AAA/Stable.
