TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Amends Guidelines for InvITs: New Rules for Preferential Issue, Institutional Placements, and Lock-In Periods Amid COVID-19.</h1> The Securities and Exchange Board of India (SEBI) has amended guidelines for the preferential issue and institutional placement of units by listed Infrastructure Investment Trusts (InvITs) due to the COVID-19 pandemic. The amendments allow for certain relaxations in raising equity capital. Key changes include a two-week gap requirement between institutional placements and an option for InvITs to choose a pricing method for preferential issues made until December 31, 2020. Units allotted using this pricing method will be locked in for three years. Additionally, the lock-in computation will consider previously locked-in units under Regulation 12(3) of the InvIT Regulations.
TaxTMI 
TaxTMI 
