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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>SEBI Requires InvITs to Dematerialize Securities of Holding Companies and SPVs for Greater Transparency by June 30, 2023.</h1> The Securities and Exchange Board of India (SEBI) mandates that Infrastructure Investment Trusts (InvITs) must hold securities of Holding Companies (Hold Cos) and Special Purpose Vehicles (SPVs) in dematerialized form to enhance business transparency and ease. InvITs must convert existing physical securities to dematerialized form by June 30, 2023. This directive, issued under SEBI's regulatory powers, is effective immediately. The circular is accessible on SEBI's website under the 'Legal' section.