Merchant bankers must publish an Investor Charter and monthly complaints data on their websites for InvIT private placements. Registered merchant bankers arranging private placements of units by InvITs must publish an Investor Charter on their websites detailing services, timelines, investor rights, application and allotment procedures, do's and don'ts, grievance redressal routes and investor responsibilities; and must disclose monthly investor complaint data in the prescribed Annexure format (by source, receipts, resolutions, pending items, average resolution time and trends), updated by the 7th of the succeeding month, effective January 1, 2022.