The Securities and Exchange Board of India (SEBI) has introduced new regulations for unlisted Infrastructure Investment Trusts (InvITs). These changes, effective from July 30, 2021, mandate a minimum number of unit holders and specific holding requirements. Registered unlisted InvITs that have already issued units must comply with these new provisions within six months from August 4, 2021.
Securities and Exchange Board of India
CIRCULAR
SEBI/HO/DDHS/DDHS_Div3/P/CIR/2021/611
August 04, 2021
To,
All Infrastructure Investment Trusts (InvITs)
All Parties to InvITs
Madam / Sir,
Sub: Requirement of minimum number and holding of unit holders for unlisted Infrastructure Investment Trusts (InvITs)
1. Videnotification No. SEBI/LAD-NRO/GN/2021/27 dated July 30, 2021,SEBI (Infrastructure Investment Trusts) Regulations, 2014(InvIT Regulations) were amended to provide f
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FAQ :
The circular details the new requirements for the minimum number and holding of unit holders for unlisted Infrastructure Investment Trusts (InvITs).
The SEBI (Infrastructure Investment Trusts) Regulations, 2014 were amended by notification No. SEBI/LAD-NRO/GN/2021/27 dated July 30, 2021.
Registered unlisted InvITs that have already issued units must comply within six months from the date of the circular, which is August 4, 2021.
This circular is available on the SEBI website (sebi.gov.in) under the 'Legal' category and the 'Circulars' drop-down menu.
Source : https://www.sebi.gov.in/legal/circulars/aug-2021/requirement-of-minimum-number-and-holding-of-unit-holders-for-unlisted-infrastructure-investment-trusts-invits-_51631.html