According to NSE, an Infrastructure Investment Trust or InvITs can be defined as a collective investment scheme similar to a mutual fund, which enables direct investment of money from individual and institutional investors in infrastructure projects to earn a small portion of the income as a return.
This is not the first time that RIL is trying to monetise its given assets by setting up InvIT. In 2019, it monetised its gas pipeline network, East West Pipeline, in a Rs 13,000-crore sale to India Infrastructure Trust, which is an InvIT sponsored by Canadian investor Brookfield.
The group also raised Rs 25,215 crore, via its telecom tower InvIT, from Brookfield and other investors in 2019.Again in 2020, it got Rs 7,558 crore from Abu Dhabi Investment Authority and Saudi Arabia’s Public Investment Fund for a 51 per cent stake in Digital Fibre Infrastructure Trust, which was set up to utilise its fiber optic network assets
Source / Credit
It appears some shares of Reliance Retail are available for Sale / Purchase with Dealers of Rare Indian Shares.Reliance Retail share is Rs 5 paid.-Please Recheck this