InvITs: Exemption for employee benefit trust units, standard quarterly reporting, and aligned distribution timelines with unclaimed funds process. Units allotted to an employee benefit trust for a unit based employee benefit scheme are exempt from the lock in and preferential allotment restrictions in Chapter 7, per new paragraph 7.6.4 and a proviso to 7.7.1; BIA will specify the standardized quarterly report and compliance certificate formats for Investment Managers and trustees; distributions timelines are aligned with Regulation 18(6)(c), and unclaimed distributions must be transferred to an Escrow 'Unpaid Distribution Account' within seven working days of expiry of the distribution timeline.