https://www.taxtmi.com/circulars?id=57756 Guidelines require a listed InvIT to obtain unitholder approval, comply with listing and minimum public unitholding requirements, and avoid another preferential issue within six months; allotments must be completed within a prescribed short period, units issued in dematerialized form and of the same class as listed units, offered to a minimum of two institutional investors, and priced at not less than the average recent market price on the principal exchange. The preferential issue must be effected through a serially numbered placement document with specific market, valuation, financial and disclosure requirements and accompanied by a compliance certificate when seeking exchange approval. en-us Tue, 05 Jun 2018 00:00:00 +0530 Wed, 28 Nov 2018 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57756 Guidelines require a listed InvIT to obtain unitholder approval, comply with listing and minimum public unitholding requirements, and avoid another preferential issue within six months; allotments must be completed within a prescribed short period, units issued in dematerialized form and of the same class as listed units, offered to a minimum of two institutional investors, and priced at not less than the average recent market price on the principal exchange. The preferential issue must be effected through a serially numbered placement document with specific market, valuation, financial and disclosure requirements and accompanied by a compliance certificate when seeking exchange approval. Circulars SEBI Tue, 05 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57756