TVS ILP Lists India's Largest Warehousing InvIT on NSE, Raises Over ?1,300 Crore
India, July 8 -- TVS Industrial & Logistics Parks (TVS ILP), India's pioneering developer of Grade A warehousing and industrial infrastructure, marked a major milestone today with the successful listing of its Infrastructure Investment Trust (InvIT) - TVS Infrastructure Trust - on the National Stock Exchange (NSE). This strategic initiative is backed by marquee global and domestic investors including the International Finance Corporation (IFC), a member of the World Bank Group and L&T. IFC has invested ?348 crore ($41 million) as the cornerstone investor in the initial listing of TVS InvIT. This is IFC's first equity investment in a warehousing InvIT in India. TVS Infrastructure Investment Trust issued units worth around 2000 crores out of ...
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