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<h1>Securities and Exchange Board of India Regulation 17I: Guidelines for Employee Benefit Trusts Receiving InvIT Units.</h1> Regulation 17I of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 outlines how an employee benefit trust may receive units of an InvIT for unit-based employee benefit schemes. The investment manager can receive units in lieu of management fees or transfer units to the trust. Shareholders, including sponsors, may also transfer units irrevocably as a gift. Subordinate units are not eligible for transfer. The trust may use accumulated cash to acquire units for the scheme and can subscribe to units while adhering to minimum lot requirements, with exceptions for privately placed InvITs.