Sebi proposed allowing road-focused InvITs to add major maintenance expenses back into their NDCF calculations if financed by debt. Full details here.
SEBI considers easing NDCF norms for Road InvITs, permitting major maintenance borrowings
Sebi proposed allowing road-focused InvITs to add major maintenance expenses back into their NDCF calculations if financed by debt. Full details here….
Lok Darpan
