Sebi Revises InvIT Cash Flow Rules To Allow Debt-Funded Road Maintenance Costs In NDCF Calculation
New Delhi, August 14, 2026: Markets regulator Sebi on Friday allowed Infrastructure Investment Trusts (InvITs) to add back payments made towards major maintenance expenses for road projects funded through external debt while calculating net distributable cash flow (NDCF). The move is aimed at providing greater flexibility to InvITs in managing major maintenance requirements of road projects…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.