Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 Chapter V INVESTMENT CONDITIONS, RELATED PARTY TRANSACTIONS, BORROWING AND VALUATION OF ASSETS
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Related party transactions must be arms length, disclosed, and larger dealings require unit holder approval before proceeding. Related party transactions must be on an arms-length basis, aligned with accounting standards and the InvIT's strategy, and disclosed in the offer ... Summary
Related party transactions must be arms length, disclosed, and larger dealings require unit holder approval before proceeding.
Related party transactions must be on an arms-length basis, aligned with accounting standards and the InvIT's strategy, and disclosed in the offer document or placement memorandum and periodically to stock exchanges and unit holders. Fees and commissions payable to related parties must be disclosed. Post-offer transactions that exceed prescribed materiality thresholds for asset deals, investments or borrowings require prior unit-holder approval, and transactions among InvITs with common or associate managers or sponsors are deemed related party transactions. Competing-business interests of related parties must be disclosed with explanations and declarations in the offer document.
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