INDINFRAVIT (the “Trust”) is an irrevocable trust set up under the Indian Trusts Act, 1882 and registered with the Securities and Exchange Board of India as an infrastructure investment trust under the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 (Registration Number: IN/InvIT/17-18/0007).
The Sponsor of the Trust is L&T Infrastructure Development Projects Limited, one of India’s largest road developers as measured by lane kilometres under Concession Agreements signed with the Central and State Government authorities. Further, LTIDPL IndvIT Services Limited has been appointed as the Investment Manager and L&T Infrastructure Development Projects Limited has been appointed as the Project Manager to INDINFRAVIT.
The Trust owns, operates and maintains a portfolio of five toll-road assets in the Indian states of Tamil Nadu, Karnataka, Telangana and Rajasthan. These toll roads are operated and maintained pursuant to concessions granted by the NHAI.