https://www.taxtmi.com/circulars?id=63533 Introduces a fast-track rights issue option for listed InvITs subject to detailed eligibility criteria (listing tenure, dematerialisation, minimum public market capitalisation, disclosure compliance, investor complaint redressal, absence of regulatory prosecutions or settlements, no trading suspensions or audit qualifications, and no lead banker conflicts), requires filing a letter of offer and paying fees, mandates statutory-auditor-certified pro forma financials where material asset transactions occur after the last disclosed period, specifies sponsor lock-in regimes for preferential/institutional placements, and requires lead merchant bankers to ensure financial particulars are current within six months. en-us Fri, 13 Mar 2020 00:00:00 +0530 Sat, 14 Mar 2020 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63533 Introduces a fast-track rights issue option for listed InvITs subject to detailed eligibility criteria (listing tenure, dematerialisation, minimum public market capitalisation, disclosure compliance, investor complaint redressal, absence of regulatory prosecutions or settlements, no trading suspensions or audit qualifications, and no lead banker conflicts), requires filing a letter of offer and paying fees, mandates statutory-auditor-certified pro forma financials where material asset transactions occur after the last disclosed period, specifies sponsor lock-in regimes for preferential/institutional placements, and requires lead merchant bankers to ensure financial particulars are current within six months. Circulars SEBI Fri, 13 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63533